Factory orders fall for second straight month
Motor vehicle production remains bright spot in economy with orders surging in September
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Washington
NEW orders for US factory goods fell for a second straight month in September as the manufacturing sector continues to struggle under the weight of a strong dollar and deep spending cuts by energy companies.
Motor vehicle production, however, remains a bright spot as orders surged in September. That trend is likely to continue, with early reports on Tuesday showing vehicle sales on track for another strong month in October.
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