U.S. factory orders fall 5.6% in January

WASHINGTON – New orders for manufactured goods fell 5.6 percent in January to $383.1 billion, after rising 2.6 percent in December, the U.S. Census Bureau reported today. The decline was the largest in more than six years, Bloomberg News said. Durable goods orders fell 8.7 percent to $203.3 billion, after rising 3.5 percent in December,…

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