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Durable Goods Orders Surge

Durable!

Orders up 9.9 percent.

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David Goldman / AP Photo

The Census Bureau report released on Thursday showed orders, shipments, and inventories of durable goods – stuff like planes, appliances, and cars – showed new orders jumping up 9.9 percent in September. This $19.6 billion increase followed a dip in August. The durable goods sector with the largest jump was transportation equipment, with orders up $16.8 billion, or some 31.7 percent.

Read it at Census Bureau