Orders to U.S. factories posted the biggest increase in four months in January, led by a surge in demand for commercial aircraft. The increase was another sign that manufacturing is helping to support the economic recovery.
The Commerce Department said Thursday that factory orders rose 1.7 percent in January, slightly below the 1.8 percent gain economists had expected. It was the best showing since a 1.8 percent advance in September.
Oh wait. There was a 118% gain in orders for commercial airplanes. It’s all making sense now.
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