By Jeffry Bartash
WASHINGTON (MarketWatch) - Orders for goods produced in U.S. factories rose 1.0% in April, largely because of higher demand for autos and airplanes, the Commerce Department reported Wednesday. Economists surveyed by MarketWatch expected orders to rise by 1.6%. Excluding transportation, orders fell 0.1%, however. Orders for durable goods - products meant to last at least three years - climbed 3.5% in April. Orders for nondurable goods such as food and clothing dropped 1.0%. In March, factory orders were revised slightly to show a 4.7% decrease instead of 4.9% as initally reported. Shipments of all factory goods in April fell 0.7%.
