Durable-goods orders rebound in September

Source: Marketwatch

WASHINGTON (MarketWatch) — U.S. orders for long-lasting goods surged in September, mainly because of a rebound in bookings for commercial jets, but demand for manufacturing goods outside of aircraft was mixed.

The Commerce Department said durable-goods orders climbed 9.9% last month, marking the biggest gain in more than a year and a half. Orders in August had declined by the largest amount in three years.

Economists polled by MarketWatch had expected an 8.3% increase.

Read more: http://www.marketwatch.com/story/durable-goods-orders-rebound-in-september-2012-10-25?link=MW_latest_news

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Well this isn't bad news...