Factory orders unexpectedly rose

Thomson Reuters Factory orders unexpectedly rose by 0.2% in August month-over-month, according to a report from the Commerce Department on Wednesday. Meanwhile, economists had forecast that factory orders fell by 0.2%, according to the Bloomberg consensus. July's increase was revised downwards to 1.4% from 1.9%. A preliminary report on durable goods orders showed that purchases of stuff built to last rose 0.1%.  NOW WATCH: STIGLITZ: It makes me crazy that everyone gets this wrong about the ec...