Mon07282014

Last updateFri, 25 Jul 2014 12pm

Sept. Durable Goods Rise by Largest Since June

Orders to U.S. factories for big-ticket manufactured goods posted an unexpectedly strong showing in September — the largest gain in three months — on a surge in demand for airplanes and autos, government data showed Wednesday.

The Commerce Department reported Wednesday that orders for durable goods rose by 0.8 percent, surprising economists who had expected a decline.

Source: Associated Press

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