Economics

U.S. Economy: Durable Goods Orders Help Sustain Expansion

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Orders for U.S. durable goods other than transportation gear rose in September by the most in six months, indicating manufacturing will help sustain an economy hobbled by 9.1 percent unemployment.

Demand for goods meant to last at least three years, excluding airplanes and automobiles, climbed 1.7 percent, according to figures from the Commerce Department issued today in Washington. Another report from the department showed purchases of new homes rose more than forecast.