Moderate expansion boosts factory orders by 1.7%
New factory orders in the U.S. increased 1.7% in January, according to the Commerce Department. However, factory orders for computers and machinery dropped in January as businesses slowed investments. "The pace of expansion has moderated," said Craig Thomas, a senior economist at PNC Financial Services Group.
Los Angeles Times | 03/04
This story published in NAW SmartBrief on 03/08/2010
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