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Factory Orders pick up in the US

By FXstreet.com,  November 03, 2010, 10:15:00 AM EDT

FXstreet.com (Barcelona) - The US Census Bureau released today the Factory Orders indicator. In September new orders increased 2.1%. In August, the Factory Orders indicator was originally published at -0.5% to be revised to 0.0%, and market forecasts placed the current data at 1.3% increase.

New orders for manufactured goods in September which are up for the third straight month rose from $8.8 billion to $420.0 billion. If the transportation component is excluded, new orders increased 0.4%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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