| Factory orders rise 0.9 percent in September By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) -- Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft. The fifth increase in six months bolsters hopes that a revival in manufacturing will help support an overall economic recovery. The worry is that if consumer spending falters in coming months, orders will slump again. The Commerce Department says orders rose 0.9 percent in September, slightly better than the 0.8 percent advance economists had expected. Demand increased for both durable goods and nondurable goods such as chemicals and energy products. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP material nor any portion thereof may be stored in a computer except for personal and non-commercial use. AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |
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