Durable Goods Orders Rise in September
Washington, DC, Oct. 26, 2011 -- The Commerce Department said on Wednesday that durable goods orders excluding transportation rose 1.7% in September after falling by a revised 0.4% in August.
The increase topped economists' expectations for a 0.4% increase after a previously reported 0.1% drop.
However, including transportation, orders fell 0.8%.
Transportation orders fell 7.5%, the largest decline since April.