Sad News goods orders fall 0.9 percent in February

Companies cut back their orders for the long industrial products in February, with a key category that signals that business investment falling for two months.
The U.S. Commerce Department said that businesses decline in orders for durable goods 0.9 percent last month, the fourth decline in five months. Weakness was seen in a number of categories of heavy machinery and computers, primary metals such as steel.
Even with the decline in February orders for durable goods were 24.6 percent above the recession low hit in March 2009. The production was a source of strength in this recovery. Economists expect that to continue with the factories to be supported by growth in consumer demand and new tax cuts aimed at stimulating business investment.