US factory orders rise strongly

A model of the newly-revealed 737-MAX passenger airplane, which features redesigned CFM International LEAP-1B engines, is pictured in Renton, Washington. The Commerce Department yesterday reported US factory orders rose strongly in July on the biggest jump in demand for autos in more than eight years and a surge in commercial airplane orders. The increase suggests supply chain disruptions caused by the Japan crisis are easing. Factory orders climbed 2.4 percent, the largest increase since March.

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