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U.S. Factory Orders Jump Much More Than Expected In October

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Reflecting a sharp increase in orders for non-durable goods, the Commerce Department released a report on Friday showing new orders for U.S. manufactured goods jumped much more than expected in the month of October.

The Commerce Department said factory orders surged up by 1.0 percent in October after climbing by an upwardly revised 0.5 percent in September.

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