Published on 25 Apr 2024 on Zacks via Yahoo Finance
5 Industrial Products Stocks to Buy on Jump in Durable Goods Orders
The U.S. manufacturing sector is making a rebound after months of slowdown in activity. Easing price pressures is boosting demand, which is driving orders at U.S. factories and leading to higher production.
The Commerce Department said on Apr 24 that orders for U.S. manufactured goods made to last more than three years rose 2.6% in March, slightly above the consensus estimate of a rise of 2.5%.