2020-03-28_Techlife_News

(Darren Dugan) #1

Orders to U.S. factories for big-ticket
manufactured goods rose by a solid amount
in February, but the gain came before the
coronavirus had shut down much of the country.


The Commerce Department said durable
goods orders rose 1.2% last month, rebounding
from January when orders had shown a tiny
0.1% gain.


However, with all the shutdowns that have
occurred as authorities try to deal with the
coronavirus, economists are looking for weak
reports in coming months.


US BIG-TICKET FACTORY ORDERS UP 1.2% IN FEBRUARY
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