Orders for durable goods, products expected to last at least three years, rose 9.9% in September, well above the average analyst estimate of 8.0%.
The monthly gain was the largest since January 2010, and the fourth in the last five months, following a steep 13.1% drop in August.
The surge in September orders was driven by a rebound in commercial aircraft orders, whose plunge in the prior month had dragged the headline number down.
Aircraft orders tend to be especially volatile month-on-month. In September, orders for transportation equipment showed the biggest jump, up 31.7% to $69.6bn.
Excluding transportation, new durable goods orders rose 2.0%.
Source: AFP via I-Net Bridge
