8/3/2011 10:30:00 AM
Factory orders decreased 0.8% in June, the Commerce Department said Wednesday.
The decline followed a revised 0.6% gain in May that was smaller than originally reported.
The June reading matched economistsâ€™ forecasts, Bloomberg reported.
Durable goods orders, which make up just over half of all orders, fell 1.9%.
Capital goods orders excluding aircraft and military orders, a measure of future business investment, rose 0.4% following a 1.9% increase in May.
The trucking industry relies on factory orders and shipments for much of its business.
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