This post was originally published on this site.

New orders for manufactured goods dropped 1.3% after an upwardly revised 5.3% jump in April, according to the U.S. Department of Commerce. Economists polled by Reuters had forecast orders declining 1.8% after a previously reported 4.8% surge in April. Orders increased 5.1% year-to-year in…

The post U.S. Factory Orders Fall