Factory goods orders fall 0.1 percent in October after two months of strong growth

Orders for U.S. manufactured goods fell 0.1% to a seasonally adjusted $479.6 billion in October after two straight months of strong growth. Excluding transportation, a volatile part of the overall reading, factory orders were up 0.8% in October from the previous month. Orders were up 0.2% in the same time frame when excluding defense spending, another volatile part of factory orders figures.

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