WASHINGTON (Reuters) – New orders for U.S.-made goods increased more than expected in June, suggesting the manufacturing sector was regaining its footing though rising COVID-19 cases threaten the tentative recovery.
The Commerce Department said on Tuesday factory orders increased 6.2% after rebounding 7.7% in May. Still, orders remained below their February level. Economists polled by Reuters had forecast factory orders advancing 5.0% in June.
(Reporting by Lucia Mutikani; Editing by Chris Reese)
