WASHINGTON — The value of new factory orders fell 0.9% in October, a slightly smaller drop that the 1.0% decline expected in an MNI survey due to an upward revision to durable goods orders, data released by the Commerce Department Thursday morning showed.

Total factory orders excluding transportation were flat in October, as a 0.2% decline in nondurables orders was offset by a 0.4% rise in non-transportation durables orders. The non-transportation durable rise was an improvement from the 0.1% drop reported in the advance estimate.

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