US factory orders fall more than expected in October
By Frank Prenesti
Date: Wednesday 07 Jan 2026
(Sharecast News) - US new orders for manufactured goods fell more than expected in October after two consecutive monthly increases, according to official data published on Wednesday.
New orders were down 1.3% month on month to $604.8bn, compared with consensus forecasts of a 1.2% decline and a revised increase of 0.2% in September, the US Census Bureau said.
Shipments, up following two consecutive monthly decreases, rose $0.5bn or 0.1% to $607bn. This followed a 0.1% September decrease.
Orders of manufactured durable goods decreased 2.2% to $307.3bn, while those of the nondurable goods were down by 0.4%, reaching $297.5bn.
Reporting by Frank Prenesti for Sharecast.com
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