Orders for big-ticket manufactured goods rebound in March

WASHINGTON (AP) — Orders for big-ticket manufactured goods rebounded 0.5% in March as U.S. factories recovered from frigid February weather disruptions. The Commerce Department reported that the March increased was the tenth gain in the past 11 months and followed a 0.9% decline in February, a month when much of the country was hit by severe winter storms. Orders in a closely watched category that tracks business investment plans also rebounded, increasing 0.9% after having fallen 0.8% in February.