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WASHINGTON - Companies trimmed their orders for long-lasting manufactured goods in February, buying fewer computers, machines and primary metals.
Durable-goods orders fell 0.9 percent last month, the Commerce Department said Thursday. It was the fourth decline in the past five months.
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WASHINGTON - Businesses cut back on their orders for heavy machinery, computers, autos and airplanes in April, reducing demand for long-lasting manufactured goods by the largest amount in six months.
Orders for durable goods fell 3.6 percent, and a key category that serves as a proxy for business investment was down 2.8 percent, the Commerce Department reported Wednesday.
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WASHINGTON - U.S. businesses cut back on their orders for heavy machinery, computers, autos and airplanes in April, reducing demand for long-lasting manufactured goods by the largest amount in six months.
Orders for durable goods fell 3.6 percent, and a key category that serves as a proxy for business investment was down 2.8 percent, the Commerce Department reported Wednesday.
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WASHINGTON (AP) - U.S. factories saw orders for costly manufactured goods rise only marginally in November - falling short of expectations for a much bigger gain and underscoring the strains on the economy from housing and credit problems.
The Commerce Department reported Thursday that orders for "durable" goods - products expected to last at least three years - increased by just 0.1 percent last month. The tiny rise came after durable-goods orders fell by 0.4 percent in October. Economists were hoping for a larger rebound - a 2.2 percent increase - in new orders placed at the nation's factories in November. Still, the November rise marked the first increase in durable-goods orders in the last four months.
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WASHINGTON -- Orders to U.S. factories for big-ticket items besides autos and airplanes showed surprising strength in April, raising hopes that manufacturing can help the economy shake off the slumping housing market and credit crisis.
Overall, orders for durable goods dipped by 0.5 percent in April, reflecting steep declines in commercial aircraft and autos, the Commerce Department reported Wednesday.
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WASHINGTON - Orders to U.S. factories for big-ticket durable goods posted a smaller-than-expected increase in November as declines in demand for aircraft and autos offset strength in a number of other areas.
The gains outside of transportation were an encouraging sign that manufacturing is beginning to revive and will contribute to pulling the economy out of a steep recession.
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WASHINGTON - Orders to U.S. factories outside of aircraft posted a gain in December although the increase was more modest than in November.
The Commerce Department said Thursday that orders excluding transportation rose 0.5 percent last month following a much stronger 4.5 percent November increase. A key category that signals business investment plans rose for a second straight month.
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Businesses cut back on their orders for heavy machinery, computers, autos and airplanes in April, reducing demand for long- lasting manufactured goods by the largest amount in six months. Orders for durable goods fell 3.6 percent, and a key category that serves as a proxy for business investment was down 2.8 percent, the Commerce Department reported Wednesday. The weakness was across a number of industries
UnitedHealth raises dividend
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To: REAL ESTATE EDITORS
Contact: Aaron Norris, +1-646-418-4437, aaron@thenorrisgroup.com
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WASHINGTON - A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on products that would signal expansion.
The Commerce Department says orders for durable goods rose 3.3 percent last month. Overall, it was the best showing since January. But excluding transportation, orders fell 0.8 percent after having risen 1.9 percent in August.