Friends of Manufacturing

Durable goods orders rise 2.2% in September


Orders for long-lasting manufactured goods rose 2.2% in September, the biggest gain in three months, led by a big increase in orders for commercial aircraft. A key category that tracks business investment posted a third straight solid monthly gain.

The September advance in durable goods followed a 2% rise in August and was the sharpest increase since a 6.4% jump in June, the Commerce Department said Wednesday.

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