WASHINGTON — New orders for manufacturers rose 2.4% in July on a seasonally adjusted basis, the Commerce Department reported Wednesday. Excluding transportation, new orders were up 0.9%.

The July orders followed  a revised decline of 0.4% in overall orders and a 0.4% rise in non-transportation orders for June.

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.