http://www.fxstreet.com/fundamental/economic-indicators/us-factory-orders-continued-to-recover-in-may/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/economic-indicators/us-factory-orders-continued-to-recover-in-may/2009-07-02.htmlThe freefall in factory orders that began late last summer finally appears to be moderating. Orders at U.S. manufacturers increased in May—the third increase in four months. While this is a welcome sign of strength in a troubled sector, it will be years before orders return to pre-crash levels. But the worst of the declines are behind us. Welcome Back to 2004 The back-to-back monthly gains in factory orders signals the worst of the storm has passed for U.S. manufacturers. That said, on anThu, 02 Jul 2009 15:10:11 GMThttp://www.fxstreet.com/fundamental/economic-indicators/sam.bullard@wachovia.com (Wachovia)http://www.fxstreet.com/fundamental/economic-indicators/us-factory-orders-continued-to-recover-in-may/2009-07-02.html