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U.S. durable goods orders declined in September, though at a slower pace than anticipated (FXStreet).

What’s going on: In the U.S., new orders for products lasting three or more years “decreased $2.2 billion, or 0.8%, to $284.8 billion in September, the U.S. Census Bureau reported on Friday. This reading followed the 0.8% decrease (revised from 0%) recorded in August and came in slightly better than the market expectation for a decline of 1%.”

The details: Orders for core durable goods, which exclude transportation, rose 0.4%. Excluding defense, durable goods fell 1.1%.

• Nondefense orders, excluding aircraft, inched up 0.5%, an improvement over August’s 1.3% decline (Seeking Alpha).
• “Orders for core capital goods, a proxy for investment in business equipment excluding aircraft and military hardware, increased 0.5% after a 0.3% advance a month earlier” (Bloomberg).