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`BIG TICKET’ ORDERS FELL .1 PERCENT LAST MONTH

SHARE `BIG TICKET’ ORDERS FELL .1 PERCENT LAST MONTH

Orders for "big ticket" durable goods, held back by slumping demand in the transportation category, slipped 0.1 percent in September, the government reported Wednesday.

The Commerce Department said orders for durable goods, items expected to last three or more years, edged down to a seasonally adjusted $126.68 billion last month after a huge 3.9 percent rise in August.Orders to factories for durable goods are a key bellwether of the health of American industry, providing an early indication of future production and hiring needs.

Analysts said that both the August and September orders reports were skewed by a big swing in demand for automobiles during those months.