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Wednesday, October 22, 2014
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Published: Saturday, 10/26/2013 - Updated: 12 months ago

BUSINESS BRIEF

Airplane orders jump, but other spending falls

BLADE NEWS SERVICES

WASHINGTON — A jump in demand for commercial airplanes boosted orders for long-lasting U.S. factory goods last month. But orders for most other goods fell as businesses cut spending, a possible sign of concern about the partial government shutdown that began Oct. 1.

The Commerce Department said Friday orders for durable goods rose 3.7 percent in September, above the 0.2 percent gain in August.

But a 57.5 percent jump in aircraft orders accounted for nearly all the gain. Durable goods are meant to last at least three years.



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