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Nov. Factory Orders Drop More Than Expected

The Associated Press

WASHINGTON -- Orders to factories fell for a record fourth straight month in November, reflecting the intensifying effects of the country's steep recession.

The Commerce Department says orders declined by 4.6% in November, nearly double the 2.5% drop economists expected. Orders have been falling since August, including a 6% plunge in October, the biggest setback in eight years.

The weakness in November reflected a big drop in demand for commercial aircraft. Weakness also was seen in autos, primary metals such as steel, and defense communications equipment.