You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Orders for manufactured goods highest in 1½ years

WASHINGTON — US companies boosted their orders for manufactured goods by the largest amount in 18 months in September, but firms stayed cautious in ordering goods that signal plans to expand and modernize. Factory orders rose 4.8 percent in September compared to August, when orders fell 5.1 percent, the Commerce Department said Friday.

The September gain was the biggest since March 2011 and was driven by a surge in demand for commercial aircraft, a volatile category which had seen orders plunge in August.

Continue reading below

Demand for core capital goods, viewed as a good proxy for business investment plans, edged up 0.2 percent in September following a 0.3 percent rise in August. The two modest gains followed two months of huge declines as business investment remains weak.

Orders for durable goods jumped 9.8 percent, a slight downward revision from a preliminary report showing a 9.9 percent increase but still the largest in nearly three years. Aircraft orders surged 2,650 percent, following a 97.2 percent drop in August.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of