Durable Goods Orders Increased in the US in September

Durable Goods Orders Increased in the US in September Durable goods orders increased in the US in September. Orders in the country rose well above expectations in September, showing that manufacturers continue to benefit from the stability in strong demand. The strong jump in durable goods orders in the US in September indicated that manufacturers continued to benefit from balanced demand. According to the data released by the Ministry of Commerce, orders of durable goods increased by 1.9 percent in September, exceeding the median expectation of 0.5 percent. The previous month's data was revised from 0.5 percent to 0.4 percent. Orders of durable goods excluding transport increased by 0.8 percent in the same period, surpassing the estimates of 0.4 percent. The previous month's data was revised from 0.6 percent to 1.0 percent. Capital goods orders (core capital goods orders), excluding non-defense aviation, which are considered as indicators for business investments, increased by 1 percent in September. Orders were expected to increase by 0.5 percent. Data for the previous month has been revised from 1.9 percent to 2.1 percent.