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US Factory Orders Rise 1.8% in September, Above Expectations

Factory orders increased 1.8% after an upwardly revised 0.3% gain in August, government data showed. Aircraft bookings and a range of other goods contributed to the increase.

New orders for US factory goods increased more than expected in September, boosted by bookings for aircraft and a range of other goods, government data showed on Tuesday.Factory orders rose 1.8% after an upwardly revised 0.3% gain in August, the Commerce Department's Census Bureau said. Economists…

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