By IANS,
Washington: New orders for US manufactured goods rose 4.8 percent in September, evidence that the US manufacturing sector was gaining momentum, the US Department of Commerce reported.
US factory orders increased to a seasonally adjusted $475.4 billion, following a revised 5.1 percent decrease in August, reported Xinhua.
New orders for durable goods, big-ticket items which are expected to last at least three years such as computers, cars and machinery, rose 9.8 percent to $218.2 billion in September, the largest increase in nearly three years.
New orders for non-durable goods, including food, paper products, petroleum and coal products, rose 1.0 percent to $257.2 billion for the month.
Manufacturing sector has been a bright spot in the US economic recovery. A separate report released Thursday showed that after three months of slight contraction, US manufacturing expanded for the second consecutive month in October.