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US FACTORY ORDERS FALL IN DECEMBER ON COMMERCIAL AIRCRAFT BOOKINGS

  • NEWS Desk Global
  • 2 hours ago
  • 1 min read

New orders for U.S. factory goods fell in December amid a sharp decline in commercial aircraft bookings, but demand elsewhere was strong, partly driven by robust investment in artificial intelligence.

Factory orders dropped 0.7% after an unrevised 2.7% increase in November, the Commerce Department's Census Bureau said on Monday.

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