Factory orders decrease for first time in six months

By Richard Foster-Shelton Medill Reports The U.S. Census Bureau announced new orders for manufactured goods in January were $491.7 billion, a decrease of $6.9 billion or 1.4 percent from December’s $498.6 billion. The month-to-month decrease comes after five consecutive monthly increases from July to December. Unfilled orders dropped to $1.14 trillion from $1.44 trillion, a […]