U.S. orders for durable goods such as appliances, computers and cars decreased in September for the first time since spring, as manufacturers continued to confront higher material costs and parts and labor shortages.
New orders for products meant to last at least three years decreased 0.4% to a seasonally adjusted $261.3 billion in September when compared with August, the Commerce Department said Wednesday. Orders last fell in April, followed by four months of gains.
