Friends of Manufacturing

U.S. factory orders rise, core capital goods orders revised higher

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New orders for U.S.-made goods rose for a second straight month in September and orders for core capital goods were stronger than previously reported, suggesting manufacturing activity was gathering momentum.

Factory goods orders increased 1.4 percent as demand for a range of goods rose, the Commerce Department said on Friday. Orders increased by an unrevised 1.2 percent in August.

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