U.S. Factory Orders Fall For Second Straight Month

factory orders down
factory orders down

By Derek Kravitz

WASHINGTON (AP) -- Companies decreased their overall orders to U.S. factories in October for the second straight month, evidence that the economy remains weak despite other signs of improvement.

The Commerce Department said Monday that total factory orders fell 0.4 percent. September's modest 0.3 percent increase was also revised to show a 0.1 percent drop.