India, June 3 -- A report released by the Commerce Department on Wednesday showed a substantial increase in new orders for U.S. manufactured goods in the month of April.
The Commerce Department said factory orders soared by 4.8 percent in April after jumping by an upwardly revised 1.8 percent in March.
Economists had expected factory orders to surge by 4.3 percent compared to the 1.5 percent increase originally reported for the previous month.
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