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Economy And The Numbers

U.S. Durable Goods Orders Jump Much More Than Expected In September

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Partly reflecting a rebound in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods jumped by much more than expected in the month of September.

The report said durable goods orders surged up by 1.9 percent in September after rising by rising by 0.4 percent in August. Economists had expected durable goods orders to increase by 0.5 percent.

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