Orders placed with U.S. factories up 1.5 percent

WASHINGTON • Orders placed with U.S. factories rose to a record high in June, boosted by strong demand for airplanes, machinery and autos. Factory orders rose 1.5 percent in June compared with May, when orders had risen 3 percent, the Commerce Department reported Friday. The gains pushed total orders to a record $496.7 billion. It was the second month that factory orders have been at an all-time high, surpassing the previous record set in June 2008. Demand for factory goods had plunged during th...

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