According to US Census Bureau data, US Factory Order rose 1.0% MoM in October.
This reading is above the expected 0.5% gain and marked an acceleration on the 0.5% MoM gain seen back in September.
Excluding transportation, orders were up 1.6% on the month also marking an acceleration on September’s MoM growth rate of 0.7%.
Tags census bureau data US Economy US Factory Orders
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