New US Manufacturing Orders Decline in September

By Naveen Athrappully The American manufacturing industry saw a decline in new orders in September, signaling weakness in the sector, according to latest data from the U.S. Census Bureau. New orders for manufactured goods decreased by $2.8 billion, or 0.50 percent, in September, to $584.2 billion, according to a Nov. 4 statement from the agency. New orders—the volume of orders placed by…

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