The Oregon Biz Report - Business News from Oregon

October 29, 2009

Bloomberg reports, “Orders for U.S. durable goods rose in September for the fourth time in the past six months, a sign factories are helping ring in an economic recovery.The 1 percent increase in bookings for goods meant to last several years matched the median estimate of economists surveyed by Bloomberg News and followed a 2.6 percent drop the prior month, Commerce Department data showed today in Washington. Excluding transportation equipment, orders climbed 0.9 percent, exceeding the survey median. “