U.S. factory orders rise for fifth time in six months

U.S. factory orders increased 0.9 percent in September, the U.S. Commerce Department announced Tuesday -- another positive data point for the economy and the industrial indicator's fifth rise in six months.

A Bloomberg News survey of economists had expected September factory orders to rise one percent. Factory orders declined 0.8 percent in August, and increased 1.4 percent in July.

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