October 29, 2008
U.S. factory orders for durable goods rose 0.8 percent in September, the largest gain in three months. The gain is attributed to a surge in demand for airplanes and autos, according to data from the U.S. Commerce Department.
Commercial aircraft demand soared by 29.7 percent and motor vehicle orders increased by 3 percent, the biggest gain in more than a year.
Outside of transportation, orders fell by 1.1 percent following a 4.1 percent drop in August.