A Commerce Department report on Oct. 25 may show orders for durable goods grew 7 percent in September after falling 13.2 percent the prior month, the biggest drop since January 2009, according to the Bloomberg survey median. Excluding transportation equipment, where demand is often volatile, bookings advanced 0.9 percent after falling a combined 5.1 percent over the previous three months.
Home Sales
Reinforcing evidence of a rebound in housing, new-home sales climbed last month to a 385,000 annual rate, the highest since April 2010, economists in the Bloomberg survey projected ahead of Commerce Department figures Oct. 24.
A day later, the National Association of Realtors may report more Americans signed contracts to purchase previously owned homes in September. The index of pending home sales rose 2.5 percent following a 2.6 percent drop in August, economists predicted.