The government upgraded its view of domestic machinery orders for the third consecutive month on Monday, now that orders have risen for four consecutive months.
Core machinery orders increased a seasonally adjusted 1.9 percent in July, after having risen 2.9 in June, 0.2 percent in May and 8.4 percent in April.
It is the first time since December 1995 that this key gauge has risen for four consecutive months.
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