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4 Apr 2016
US factory orders fall by 1.7% in February
Orders to US factories dropped by 1.7% in February, the Commerce Department reported on Monday.
Factory orders fell by more than the 1.6% decline expected following an equal increase in January.
Meanwhile, February durable-goods orders were revised down to -3% versus -2.8% initially estimated.
Factory orders fell by more than the 1.6% decline expected following an equal increase in January.
Meanwhile, February durable-goods orders were revised down to -3% versus -2.8% initially estimated.