News Formal

US factory orders miss expectations; business spending improving

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

United States News News

United States United States Latest News,United States United States 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:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States 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 »