US Factory Orders Jump 1.8%

...But indicator of future investments takes a downward turn

By Newser Editors and Wire Services

Posted Feb 4, 2013 9:39 AM CST

(Newser) – US factory orders increased in December, even though companies trimmed their orders for goods that signal investment plans. The Commerce Department says factory orders rose 1.8% compared to November, when orders had fallen 0.3%. But demand for core capital goods, a category considered...   Read full story »

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