Mumbai, Nov. 27 -- New orders for U.S. manufactured durable goods increased by more than expected in the month of September, according to a report released by the Commerce Department on Wednesday.
The Commerce Department said durable goods orders climbed by 0.5 percent in September after spiking by an upwardly revised 3.0 percent in August.
The bigger than expected increase by durable goods orders partly reflected surges by orders for electrical equipment, appliances and components and primary metals.
The report said orders for transportation equipment also rose by 0.4 percent in September after vaulting by 8.0 percent in August.
While orders for non-defense aircraft and parts tumbled by 6.1 percent in September after spiking by 20.2 in...