Sept. Factory Orders Rise 1.7%; Ex-Transportation Down 0.2%

New orders for manufactured goods rose 1.7% in September, after dropping 0.1% in August, the Commerce Department reported Monday.

The July decrease was revised to 2.8% from the 2.4% first reported. The August numbers were delayed as a result of the government shutdown.

Economists polled by Thomson Reuters expected a 0.3% increase in September orders.

Excluding transportation, new orders decreased 0.2% in September, after dipping 0.4% the previous month. Excluding defense, orders rose 1.3%% after increasing 0.1% in August.

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