UNITED WOLRD CAPITAL Factory Orders Gave Back Earlier Gains

New orders at U.S. factories were off 0.9 percent in March as February's initial gains were revised down. The net result for the two-month period is a decrease of 0.2 percent. We still expect double digit declines in equipment & software spending through 2009, with auto shutdowns weighing most heavily.... UWCFX

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[Source: Factory Orders Gave Back Earlier Gains]

UNITED WOLRD CAPITAL Factory Orders Gave Back Earlier Gains