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US factory orders fell 0.6 percent in April

  Companies placed fewer orders to U.S. factories for the second straight month and a key measure that tracks business investment plans fell, adding to evidence that the economy is weakening.   The Commerce Department said Monday that orders for factory goods fell 0.6 percent in April from March.   Demand for so-called core capital… Continue Reading US factory orders fell 0.6 percent in April

US factory orders fall for second straight month

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Companies decreased their overall orders to U.S. factories in October for the second straight month, evidence that the economy remains weak despite other signs of improvement. The Commerce Department said Monday that total factory orders fell 0.4 percent. September’s modest 0.3 percent increase was also revised to show a 0.1 percent drop. Demand for so-called… Continue Reading US factory orders fall for second straight month

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