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Machinery orders nudge upwards

Posted By Tom Jackson On April 3, 2009 @ 3:17 pm In Construction News | No Comments

A little good news to end the week. Orders placed with U.S. factories rose in February [1], the first time in seven months, according to the Commerce Department. This reflects a 1.8 percent rebound in the demand for construction equipment, computers, cars, aircraft and other durable goods.

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[1] rose in February: http://www.bloomberg.com/apps/news?pid=20601103&sid=ajkPSFloHWDs&refer=news

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