U.S. factory orders fell 0.5% in September, marking the second straight month of declines.

In September, U.S. factory orders fell by 0.5% to $584.2 billion, exceeding expectations of a 0.4% drop, following an adjusted 0.8% decline in August. The Census Bureau's report showed a slight increase of 0.1% in orders when excluding transportation, contrasting with the previous month's revised decline. This marks a second consecutive month of decreased factory orders in the U.S.

November 04, 2024
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