Easy access to all the Government news updates

Subscribe and receive personalized news articles straight in your inbox

*By clicking "Join us now" you agree to receive emails, promotions and general messages from ExecutiveGov. In addition, you also agree to ExecutiveGov's Privacy Policy and Terms & Conditions.

x

Commerce Dept: US Manufacturing Sales Up 1.1% in Q1

1 min read

money-graphA new report from the Commerce Department indicates that orders for factory goods in the U.S. rose 1.1 percent in the first quarter of 2014, Reuters reported Friday.

Lucia Mutikani writes the department found inventories were up 0.1 percent in March, down from 0.7 percent in the previous month.

Unfilled factory orders and shipments also respectively increased 0.6 percent and 0.3 percent in March, according to the report.

Purchase agreements for manufactured goods with an estimated service life of up to three years gained a 2.9 percent hike, Reuters reports.

Mutikani writes non-defense product orders increased 3.5 percent.

ExecutiveGov Logo

Sign Up Now! Executive Gov provides you with Free Daily Updates and News Briefings about Technology

Leave a Reply

Your email address will not be published.