Demand for Durable Goods Plummets
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WASHINGTON -- Demand for big-ticket manufactured goods plunged in August by the largest amount in seven months, with widespread weakness signaling a slowdown in the nation's industrial sector.
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Orders for big-ticket manufactured goods dropped at the sharpest rate in seven months in August, adding to signals of a slowdown in the nationâs industrial sector.
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Intense competition has depressed prices of everything from washing machines to refrigerators in India, dampening the spirits, and profits, of durable goods makers as they prepare for the busy festival season.
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Orders placed with US factories fell for the second consecutive month in September, the Commerce Department said Wednesday, with demand dropping sharply for manufactured goods other than defense materials.
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Orders placed with US factories fell for the first time in four months, the Commerce Department said Monday, with demand dropping sharply for commercial airplanes and parts.
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New orders for U.S.-made durable   goods fell unexpectedly in August and mortgage applications   declined last week in spite of dropping interest rates, reports   pointing to economic weakness showed on Wednesday.
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Orders for long-lasting U.S.-made  goods unexpectedly slipped 0.4 percent last month as demand for  computers, cars and civilian aircraft slumped, a government  report showed on Wednesday.
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Businesses reined in spending on major purchases last month, a sign that corporate America is pulling back as the economy slows down.
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New orders for U.S.-made durable goods tumbled much more than anticipated in October on a big drop in civilian aircraft but were also down unexpectedly when transportation was stripped from the total, a government report suggesting economic weakness showed on Tuesday.
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Orders for long-lasting U.S. durable goods slipped unexpectedly in August as civilian aircraft demand plunged, but beat forecasts once transportation was stripped out, government data showed on Friday.
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European consumers are borrowing and spending less because of rising unemployment, causing a slowdown in the region's US$10 trillion economy.
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The value of Canadian factory shipments  dipped unexpectedly in December in another sign that the once  booming economy is starting to weaken under the weight of a  strong currency.
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New orders for long-lasting U.S.-made manufactured goods fell unexpectedly in September, dropping 1.7 percent on a sharp decline in demand for transportation equipment, a Commerce Department report showed on Thursday.
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WASHINGTON - Orders for &quot;big-ticket&quot; durable goods crept up by a smaller-than-expected margin in September, hit by a sharp descent in demand for planes, government figures showed.
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WASHINGTON -- Orders to factories for big-ticket manufactured goods plunged in January by the largest amount in three months with the weakness led by a huge drop in demand for commercial airplanes.
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Orders for long-lasting U.S.-made goods unexpectedly slipped 0.4 percent last month as demand for computers, cars and civilian aircraft slumped, a government report showed on Wednesday.
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As with sport utilities, the popularity of pickups is in decline.