Factory orders rise 10.5% on demand for aircraft, autos

Posted: September 4, 2014 at 2:35 a.m.

Employees work at the Northland Furniture Co. factory in Bend, Ore., in July. Orders for U.S. factory goods rose by a record amount in July, mostly because of a jump in orders for commercial jetliners.

Business orders for U.S. factory goods shot up by a record amount in July, reflecting a surge in demand in the volatile category of commercial aircraft.

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