Factory Orders Sink 11th Time in 14 Months

Factory Orders Sink 11th Time in 14 Months Factory orders decline once again, in line with the Bloomberg Consensus , but last month was also revised lower. New orders for the export-hit factory sector fell 1.0 percent in September for the 11th decline in 14 months with August revised 4 tenths lower to minus 2.1 percent. September orders for durable goods, initially posted in last week’s advance report, are unrevised at minus 1.2 percent, held down in part by a downswing in civilian aircraft but nevertheless showing wide weakness

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Factory Orders Sink 11th Time in 14 Months