New factory orders drop for second month in row

Nov 04, 2008 | 12:26 PM | Michael Cowden

Stock markets may have staged an election day rally, but economic indicators continue to paint a gloomy picture.

New orders for manufactured goods slipped for the second consecutive month in September to $432 million, down 2.5 percent from $443.2 billion the previous month, according to preliminary figures released Tuesday by the U.S. Commerce Department.....

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