Economic Report: Factory Orders Were Down Again In February

[Omaha Steve]

http://www.laborradio.org/node/8271

Economic Report :

Factory orders fell for a second straight month in February. According to a Commerce Department report released last week factory orders fell by 1.3 percent on top of a 2.3 percent decline in January. The drop in January was the largest in five months. All eyes are on the month of March – six straight months of declining numbers is necessary for economists to technically say the economy is in recession. The last increase was in November of 2007.