US durable goods orders rose 1.8% in September to $345.4 billion, exceeding analysts’ expectations. Orders for nondefense aircraft and parts surged 28.4%, while core capital goods orders, excluding defense and aircraft, increased by 0.5%. Artificial intelligence spending also supported activity, with orders for computers and related products climbing 27% year over year. The 1.2% rise in core capital goods shipments could strengthen business investment and quarterly growth readings, while the unfilled orders backlog reached $1,623.6 billion.
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