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MW: U.S. May factory orders rise 1.2%
 
WASHINGTON (MarketWatch) -- Orders for U.S.-made factory goods climbed 1.2% in May on a big jump in orders for transportation equipment, the Commerce Department reported Thursday. The overall orders number was the highest since June 2008. Excluding transportation equipment, new factory orders were up just 0.8% in May. Economists surveyed by MarketWatch were expecting factory orders to rise by 1.3% in May.
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