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HERE COMES DURABLE GOODS ORDERS...

Oct 25, 2013, 17:45 IST

Heads up! We are minutes away from the release of September durable goods orders data, due out at 8:30 AM ET.

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Economists predict total orders rose 2.3% in September after a meager 0.1% advance in August.

Excluding transportation, orders are expected to have risen 0.5%, up from -0.1% in August.

Orders of nondefense capital goods excluding transportation (a.k.a. "core capex") are expected to post a 1.0% September increase, down from August's 1.5% pace of growth.

Finally, shipments of nondefense capital goods excluding aircrafts, a factor that figures into GDP calculations, is expected to have risen 1.1% in September, slowing from August's 1.3% growth reading.

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