New orders for manufactured goods dropped 0.7% in October, after falling a revised 0.5% in September, initially reported as a 0.6% decline, the Commerce Department reported Friday.
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Economists polled by Thomson Reuters expected a 0.1% dip in October orders.
Excluding transportation, new orders fell 1.4%, after a flat reading the previous month. Excluding defense, orders dropped 1.2%, after a 0.6% slide in September.
Durable goods orders gained 0.3% after a 0.7% decrease in September, while nondurable goods orders were off 1.5% after a 0.2% drop in September.
