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ID: 27312
Title: Factory orders dive amid broad declines (AP)
Description:

Devon Runyon of Omaha admires a John Deere lawn tractor at the Council Bluffs Home Show at Mid-America Center, in Council Bluffs, Iowa, Saturday, March 3, 2007. Orders to U.S. factories fell by the largest amount in 6½ years in January, reflecting widespread declines across a number of industries. The Commerce Department reported that total orders dropped by 5.6 percent in January, the biggest decline since July 2000, a period when the economy was slowing sharply in advance of an actual recession which began in 2001. (AP Photo/Nati Harnik)AP - The economy is still caught between slowing growth and stubborn inflation pressures, new government reports showed Tuesday.
Category: Business/US Economy/
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Date Added: March 07, 2007 12:01:19 AM
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