Eco­nomic bell­wether

Daily Freeman (Kingston, NY) - - BUSINESS -

The Com­merce Depart­ment re­leases its lat­est monthly tally of or­ders to U.S. fac­to­ries to­day.

Fac­tory or­ders rose 1.9 per­cent in July, the big­gest one-month gain since Oc­to­ber 2015. The in­crease re­flected a big jump in de­mand for com­mer­cial air­craft. In ad­di­tion, the key cat­e­gory that tracks busi­ness in­vest­ment plans posted the best in­crease since Jan­uary. Econ­o­mists project fac­tory or­ders edged lower in Au­gust.

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