The Housing Chronicles Blog: Factory orders up 1.2 percent in August as business spending surges

Thursday, October 5, 2017

Factory orders up 1.2 percent in August as business spending surges

New orders for U.S.-made goods rose 1.2 percent in August and orders for core capital goods were stronger than previously reported, suggesting robust business spending could help offset some of the economic drag of Hurricanes Harvey and Irma.

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