New data indicates U.S. manufacturing sector remains strong  Though concerns have emerged recently that the robust U.S. manufacturing sector could be slowing, new data indicates that new orders for U.S. manufactured goods climbed in May, helping to allay those fears.

Reuters reports that a gauge of business spending plans also jumped in May, which industry analysts said was welcome news. According to the U.S. Commerce Department, durable goods orders climbed 1.9 percent in May after falling by 2.7 percent in April. The uptick in orders illustrates the ongoing strength within the sector, according to officials.

What's more, that figure beat economists' estimates; they had projected a 1.5 percent rise. The Commerce Department also upwardly revised its April figures, pointing to the continued strength of U.S. manufacturers even amid a tepid economic recovery.

According to IHS Global Insight chief economist Nigel Gault, the report was "a little better than you might have expected given the gloomy news that's coming out of the manufacturing surveys. So that's a small plus."

The report also served to bolster analysts' projections that the U.S. economy will continue to improve as the year goes on. 
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