Halister News

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• Durables 1% m/m; range -1.5% to 3.4% (75 estimates)
• Durables Ex- Trans 0.5% m/m; range -0.1% to 1% (56 estimates)
• Cap Gds Nondef Ex Air 0.3% m/m; range -0.2% to 1% (22 estimates)
• Cap Gds Ship Nondef Ex Air 0.1% m/m; range -0.4% to 0.3% (7 estimates)
• "Factories were humming last month, largely a function of a weaker dollar, expectations of tax cuts and increased demand for goods needed in the post-storm reconstruction process. There are several reasons to anticipate a strong gain in new orders for durable goods: All five of the Fed’s regional new order indexes were in expansionary territory last month (all but one registered gains). Similarly, the ISM new orders index was 64.6 in September, the highest reading since February": Bloomberg Intelligence
• In August, orders rose 2 percent, partially reversing July’s decline

To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble