Published December 5, 2014 10:04am EST | Updated January 8, 2015 3:01pm EST

U.S. Factory Orders Fell 0.7% In October

U.S. factory orders slumped 0.7% in October, the Commerce Department reported Friday. That was worse than the 0.2% decline forecast in a MarketWatch-compiled economist poll and came after a 0.5% decline in September. Excluding transportation, orders fell 1.4% in October.