Credit, Economy and Financial News from TruckingFactor.com
Factory Orders fall for Sixth Straight Month
The Commerce Department said factory orders fell 1.9% in January, marking a record sixth straight month of declines. The weakness in January included a big plunge in orders for transportation equipment, reflecting the troubles facing automakers who are struggling with poor sales.
Return to:
Factoring, Credit and
Economy News
Date Last Updated: 03/11/2009
|