US factory orders miss expectations; business spending improving

📆 02/10/2020 20:13:00
📰 ChannelNewsAsia

⏱ Reading Time:
10 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

New orders for U.S.-made goods increased less than expected in August, though business spending on equipment appeared to be recovering, which ...

WASHINGTON: New orders for US-made goods increased less than expected in August, though business spending on equipment appeared to be recovering, which likely supported the economy in the third quarter.

The Institute for Supply Management reported on Thursday that its measure of national factory activity fell in September as new orders retreated from more than a sixteen-and-a-half-year high.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US market could benefit if exchanges exit New Jersey in tax spatU.S. stock exchanges have put New Jersey on notice: Pass a financial transaction tax and they will relocate their primary data centers, where ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »