Economics

U.S. Business-Equipment Orders Post Third Drop in Four Months

An employee carries a newly manufactured plastic kayak towards the loading dock at the Jackson Kayak Inc. factory in Sparta, Tennessee.Photographer: Luke Sharrett/Bloomberg
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Orders placed with U.S. factories for business equipment fell in February for the third time in four months, suggesting corporate investment remains subdued amid a slowing global economy and uncertainty over the trade war with China.