New factory orders for manufactured goods jumped 1.8% in February, the Commerce Department said yesterday.

The factory order increase, to $352.189 billion, contrasted to the 1.5% decrease projected by Thomson Reuters and came after a revised 3.5% decrease to $346.120 billion in January, originally reported as a 1.9% drop to $351.926 billion.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.