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Stock rejoices weak factory order for August hoping lower rate but the report pictures some very dangerous
Sam Adelton
Oct. 4, 2006

Stock rejoices weak factory order for August hoping lower rate but the report pictures some very dangerous.

New orders in compuetrs and commerical aircraft was lower. That is a bad sign.

The Commerce Department reported Wednesday that new orders were basically unchanged in August at $403.6 billion following a 1 percent decline in July.

It just confirms that a full blown deep recession is brewing.


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