U.S. orders of durable goods—products designed to last at least three years—fell in September after four consecutive months of increases, driven by a sharp drop in transportation equipment orders.
New orders for U.S. manufactured durable goods in September declined $1 billion, or 0.4 percent, to $261.3 billion, the Commerce Department announced on Oct. 27. Consensus forecasts cited by FXStreet expected durable goods orders to fall 1.1 percent.
