US factory orders rise 0.2% in October

From breakingthenews.net

Factory orders in the United States rose by 0.2% in October compared to the month prior, landing at $586.7 billion, according to the report published by the Census Bureau on Wednesday. The factory output increased following two consecutive monthly decreases, whereas new orders for manufactured durable goods added 0.3%. Shipments registered a decline of 0.2% on a monthly basis to $585.4 billion. At the same time, unfilled orders increased by 0.4% to reach $1,398.8 billion. Inventories dropped 0.1% to $856.8 billion while the inventories-to-shipments ratio was 1.46 remaining unchanged compared to the previous month.