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Dec 4, 2009 Factory orders rose unexpectedly 0.6 percent in October month Washington – The month of October appears to be further evidence that manufacturing sector is beginning to recover. Orders for many US factories rose in the month of October. This will help support the whole economy. According the Department of Commerce, orders to US factories rose to 0.6 percent. Several factors led to this jump, including demand for commercial aircraft and petroleum products. Nondurable goods rose 1.6 percent as growth in demand for petroleum, plastic, and food products led the way Although cautious, economists are hoping that the badly hit manufacturing sector is finally beginning to show signs of a recovery after this bruising recession. The second bit of good news is that the Labor Department reported the smallest monthly increase in the unemployment rate since the recession began in December 2007.
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