US Factory Orders Slide 1.1 Percent as Economic Uncertainty Clouds Demand

By Tom Ozimek A U.S. Census Bureau report released on Dec. 23 revealed a sharper-than-expected decline in new orders for durable goods in November, with the pullback in demand for goods ranging from household appliances to heavy machinery signaling persistent challenges for America’s manufacturing sector amid heightened economic uncertainty. The report revealed a 1.1…

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