Global Economic News

U.S. Factory Orders Pull Back In Line With Estimates In December

New orders for U.S. manufactured goods pulled back in line with expectations in the month of December, according to a report released by the Commerce Department on Monday.

The Commerce Department said factory orders slid by 0.7 percent in December after surging by 2.7 percent in November. The decrease matched economist estimates.

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by RTTNews Staff Writer

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