US gov't, company data see manufacturing slowdown

Newswire

By Scott Malone BOSTON, Nov 28 (Reuters) - Government data and a report from a major U.S. manufacturer on Tuesday showed slowing demand for big-ticket equipment, but investors took the news in stride as some said sales growth overseas could offset the domestic slowdown. Orders for durable goods, items meant to last three years or longer, were down 8.3 percent in October, deeper than the 4.6 percent decline forecast by analysts polled by Reuters. A falloff in plane orders contributed to ...

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