- U.S. factory orders dropped 0.7% in October
Market news
5 December 2014
U.S. factory orders dropped 0.7% in October
The U.S. Commerce Department released factory orders data on Friday. Factory orders in the U.S. dropped 0.7% in October, missing expectations for a 0.2% decrease, after a 0.5% decline in September. September's figure was revised up from a 0.6% fall.
That was the third straight decline.
Factory orders excluding transportation fell 1.4% in October.
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