Factory Orders Fall Again in November

Washington, DC, Jan. 6, 2015 -- Factory orders in the U.S. fell for a fourth straight month in November, according to the Commerce Department.

The government said factory orders dropped 0.7% in November after a 0.7% decline in October. November saw decreases in demand for industrial machinery and military aircraft.

A measure of business investment spending dropped 0.5% in November, the third straight decline.