U.S. factory orders decline 1.5% in March

WASHINGTON (MarketWatch)
Orders for goods produced in U.S. factories dropped 1.5% in March, the biggest decline in three years, the Commerce Department reported Wednesday
Economists surveyed by MarketWatch expected orders to fall by 1.6%
Factory orders rose a revised 1.1% in February, down from a prior estimate of 1.3% growth Orders for durable goods - products meant to last at least three years - sank 4% in March
Orders for nondurable goods rose 0.5%