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U.S. factory activity, construction spending unexpectedly fall

Work crews construct a new hotel complex on oceanfront property in Encinitas, California
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WASHINGTON (Reuters) - U.S. factory activity contracted further in November amid a slump in new orders while construction spending unexpectedly fell, offering cautionary notes on an economy that had recently shown signs of growing at a moderate pace.The reports on Monday came on the heels of upbeat October data on the goods trade deficit, housing and manufacturing that led economists to boost..
Date Published: Dec 02, 2019
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