Factory Orders Rise 1.6%, Beating Expectations

The Census said factory orders climbed 1.6% in February, beating expectations for an increase of 1.2%.

Excluding transportation, the figure climbed 0.7%.

But January was revised down to -1% from -0.7%, and inventories climbed, 0.7% the most since 2011.

Here’s what hte data’s looked like recently:

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