05-May-2026
Economy News
 
US factory orders rise more than expected in March
05-May-2026

New orders for U.S. factory goods ?rose more than expected ?in March, led by surging ?demand for electronics products amid the artificial intelligence investment boom. Factory orders were up 1.5% on the month, the biggest ?gain since November, ?from ?an upwardly revised 0.3% in February, the Commerce Department's ?Census Bureau said on Monday. Economists polled by Reuters had ?predicted a 0.5% rise. Orders increased 3.7% on a year-over-year basis in March.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-factory-orders-rise-more-than-expected-in-march/articleshow/130805422.cms