U.S. factory gauge falls to two-year low as orders cool

THE INSTITUTE for Supply Management index fell to 54.2 from 56.6 in February. BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
THE INSTITUTE for Supply Management factory gauge index fell to 54.2 from 56.6 in February. BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
NEW YORK - A gauge of United States factories fell to a two-year low in February, cooling more than expected with a broad decline that suggests economic growth is moderating, though the drop may reflect some weather-related disruptions. The Institute for Supply Management index fell to 54.2 from 56.6 as four of the five main…

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