WASHINGTON - Orders for big-ticket manufactured goods unexpectedly fell again in September, raising new worries about how much harm a severe housing slump and credit crunch are causing to the overall economy.
The Commerce Department reported Thursday that orders for durable goods dropped 1.7 percent last month following an even bigger 5.3 percent plunge in August. It marked the first back-to-back declines in more than a year and took economists by surprise. They had forecast new orders would rebound by 1.5 percent in September.
The September drop reflected weakness in such areas as autos, fabricated metals, computers and electronics products and electrical appliances.
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