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+2.2% industrial orders in March

(CercleFinance.com) – After a rise of 0.1% in February (revised figure compared to the initial estimate which was -0.5%), orders to American industry rose by 2.2% in March, according to the Commerce Department.

For their part, industrial shipments increased by 2.3% in March after growing by 1.1% the previous month. Given the 1.3% increase in inventories, the inventory-to-shipment ratio fell from 1.45 to 1.43 month-on-month.

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