RTTNews - While the Commerce Department released a report on Wednesday showing a notable increase in factory orders in the month of April, the increase came after a substantial decline in the previous month and came in slightly below economist estimates.

The report showed that orders for manufactured goods rose 0.7 percent in April following a revised 1.9 percent drop in March. Economists had expected orders to increase by 0.9 percent compared to the 0.9 percent decrease originally reported for the previous month.

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