US orders for capital goods, basic record rises in September level

US orders for capital goods, basic record rises in September level

Data today showed that core capital goods orders in the United States rose 0.8% in September to an all-time high, after rising by 0.5% in August. Shipments of core capital goods, which are used to calculate equipment spending as a gauge of GDP, rose 1.4% in September, after rising 0.6% in August.

Durable goods orders fell 0.4% in September after rising 1.3% in August, while non-packaged durable goods orders rose 0.7% in September after rising 0.9% in August.