Durable goods orders fall an unexpected 0.6% in October

NOV 25, 2009
By  Bloomberg
Orders for big-ticket factory goods fell unexpectedly in October as the economy struggles to get back to full health. The Commerce Department says orders for costly manufactured goods dropped 0.6 percent last month, following a 2 percent gain in September. It marked the first decline since August. The performance was weaker than economists expected. They were forecasting orders for durable goods to grow 0.5 percent.

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