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Market Update : 
Factory Orders Drop 3.3% in August
Author: 123jump.com Staff
123jump.com
Last Update: 10:23 AM EDT October 04 2007



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New orders for manufactured goods in August, down following two consecutive monthly increases, decreased $14.4 billion or 3.3% to $420.7 billion, the U.S. Census Bureau reported today. This followed a 3.4% July increase. This followed a 2.3 percent July increase. Unfilled orders, up twenty-seven of the last twenty-eight months, increased $9.1 billion or 1.2% to $763.5 billion.

 

 

 

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