New factory orders for manufactured goods climbed 0.7% in April, the Commerce Department said yesterday.

The factory order increase, to $344.440 billion, was smaller than the 0.9% increase projected by Thomson Reuters and came after a revised 1.9% decrease to $341.935 billion in March, originally reported as a 0.9% drop to $345.304 billion.

Excluding transportation, the level of all new manufacturing orders grew 0.1% to $303.9 billion in April, following a 2.1% slip in March to $303.6 billion, originally reported as a 0.9% slide to $307.4 billion.

Excluding military orders, new orders rose 0.3% to $330.7 billion following a 2.0% decrease to $329.7 billion last month, originally reported as a 0.9% drop to $333.3 billion.

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