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Index records 5.4 percent gain over October 2016.
PE firm recently bought HD Supply's Waterworks unit.
Manufactured durable goods new orders up 2 percent.
Goods and services deficit up 9.3 percent year over year.
Overall employment grew by 261,000 in October, with unemployment down to 4.1 percent.
Year-to-date sales down 10 percent compared to same period in 2016.