BusinessJuly 31, 2000
BUSINESS MEMO: FACTORY ORDERS UP
Orders to U.S. factories in June rose by the largest amount in nine years, fueling fresh doubts that the long-awaited economic cooling off has arrived. Analysts said the 10 percent jump in orders for durable goods plus other reports showing tight labor markets and wage pressures will keep the Federal Reserve on high inflation alert...
Orders to U.S. factories in June rose by the largest amount in nine years, fueling fresh doubts that the long-awaited economic cooling off has arrived.
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Analysts said the 10 percent jump in orders for durable goods plus other reports showing tight labor markets and wage pressures will keep the Federal Reserve on high inflation alert.
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