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Economic Report: Durable-goods orders up 0.8% in September on strong defense orders

Bloomberg
A shopper looks at new coffee machines in a store in Glenview, Illinois.

The numbers: Orders for durable goods rose 0.8% in September, the government said Thursday, boosted by a sharp increase in defense goods. Economists surveyed by MarketWatch had forecast a 1.9% decrease in orders for durable goods—products made to last at least three years—following a 4.6% rise in August.

The headline was stronger than the details of the report. Orders for core capital goods, closely watched by economists, fell 0.1%.

What happened: Stripping out planes and cars, orders rose 0.1%.

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