Factory orders fell 4% in March

WASHINGTON (MarketWatch)
Factory orders fell 4% in March, weaker than expected, the Commerce Department reported Friday Economists polled by MarketWatch had forecast a 2.8% drop in factory orders
Orders for durable goods were revised to a 5.8% decline from the prior estimate of a 5.7% decrease
New orders for nondurable goods decreased 2.4%
Shipments fell 1.0%, while inventories were flat
Orders for nondefense capital goods excluding aircraft increased 0.9% in the month