Last updateTue, 20 Aug 2019 8pm

Manufacturing & The Economy

U.S. Factory Orders Saw Largest Drop in Over a Year

New orders for manufactured goods in October, down following two consecutive monthly increases, decreased $10.5 billion or 2.1% to $502.7 billion, the U.S. Department of Commerce reported. This followed a 0.2% September increase. Shipments, down following fifteen consecutive monthly increases, decreased $0.5 billion or 0.1% to $508.4 billion. This followed a 0.7% September increase. 

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