Details of the report were not as strong as the headline suggested.
Excluding the 15.7% rise in transportation orders, durable-goods orders were down 0.8% in September, the second decline in the past three months.
Orders for core capital equipment goods fell 0.6% in September after a 4.8% rise in August, a signal that the manufacturing sector is cooling off.
Augustâs orders were revised up to a 1.0% fall from 1.5% previously reported.
http://www.marketwatch.com/story/durable-goods-orders-jump-33-in-september-2010-10-27
Excluding the 15.7% rise in transportation orders, durable-goods orders were down 0.8% in September, the second decline in the past three months.
Orders for core capital equipment goods fell 0.6% in September after a 4.8% rise in August, a signal that the manufacturing sector is cooling off.
Augustâs orders were revised up to a 1.0% fall from 1.5% previously reported.
http://www.marketwatch.com/story/durable-goods-orders-jump-33-in-september-2010-10-27