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Industrial growth

April factory orders were up, slightly, for third straight month

by Daniel Ackerman
Jun 4, 2024
The 0.7% increase signals a healthy tone for manufacturing, at least relative to recent weak readings for construction and consumer spending.
Demand for construction and industrial equipment was up about 2% in April from March, boosted by federal infrastructure funding. Above, construction on a semiconductor plant in Texas.
Brandon Bell/Getty Images
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