05-09-2017 19:15 via rocketnews.com

UPDATE 2-U.S. factory orders tumble, but business spending firming

WASHINGTON, Sept 5 (Reuters) – New orders for U.S.-madegoods recorded their biggest drop in nearly three years in July,but demand for capital goods was stronger than previouslyreported, pointing to a faster pace ofbusiness spending earlyin the third quarter.
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