Washington U.S. businesses increased their orders in January, although a key component that tracks business investment spending fell for the first time in four months.
Factory orders rose 1.2 percent, led by a jump in demand for aircraft, the Commerce Department reported Monday. Orders had risen 1.3 percent in December.
A category that serves as a proxy for business investment edged down 0.1 percent in January after three months of solid gains. It was the first setback since a 1.5 pe
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