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Economic Report: U.S. factory orders jump in March on strong airline orders

Orders for U.S. manufactured goods rose 0.9% in March, the Commerce Department said Tuesday. The increase follows two straight declines.

Economists surveyed by the Wall Street Journal were expecting a 1.2% rise.

The increase was powered by strong orders for transportation, especially commercial aircraft. Excluding transportation, orders were down 0.7% for the second straight month in March.

Durable-goods orders rose 3.2% in March, unrevised from the initial estimate last month. That data is released ahead of the full report.

Orders for nondefense capital goods, excluding aircraft, fell a revised 0.6% in March, weaker than the prior reading of a 0.4% decline.

Orders for nondurable goods fell 1.4% in the month.

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