Economics

Orders for U.S. Durable Goods Probably Climbed, Boosting Growth

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Orders for U.S. durable goods probably climbed in September by the most in five months, a sign business investment is underpinning the recovery, economists said before a report today.

Bookings for goods meant to last at least three years increased 2 percent, according to the median forecast of 76 economists surveyed by Bloomberg News. Another report may show sales of new houses rose last month to a 300,000 annual rate, hovering near a record low.