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Factory orders up 1.7 percent in September

from PPAI

Factory orders climbed in September by 1.7 percent compared to the previous month, according to The U.S. Commerce Department. This report follows 0.1 and 2.8 percent contractions in August and July, respectively. Durable goods orders, defined as goods expected to last three years or more, climbed 3.8 percent in September. Non-durable goods — paper, food, etc. — dipped 0.2 percent. more

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