-
U.S. factory orders drop 2.0% in January
Orders for goods produced in U.S. factories fell 2.0% in January, largely because of fewer orders for aircraft, the Commerce Department said Wednesday. Economists surveyed by MarketWatch expected orders to decline by 2.2%. Excluding transportation, orders climbed 1.3%. Orders for durable goods - products meant to last at least three years - slumped 4.9% in January. Orders for nondurable goods such as food and clothing rose 0.6%. In December, factory orders were revised down to show a 1.3% increase instead of 1.8% as initally reported. Shipments of all factory goods in January dipped 0.2%
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 6, 2013 10:26am Mar 6, 2013 10:26am
- diconge
- | Joined Aug 2009 | Status: Junior Member | 2 Comments
- Comment #2
- Quote
- Mar 6, 2013 10:28am Mar 6, 2013 10:28am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
- Comment #3
- Quote
- Mar 6, 2013 10:45am Mar 6, 2013 10:45am
- Guest
- | IP XXX.XXX.159.53