United States Durable Goods Orders rise 1.8% in September vs. 0.6% expected

New orders for manufactured Durable Goods in the United States (US) rose by $6.3 billion, or 1.8%, to $345.4 billion in September, the US Census Bureau reported on Tuesday. This reading followed a 0.1% decline recorded in August and came in better than the market expectation for an increase of 0.6%.