“Business investment is going to be weak,” Ryan Sweet, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania, said before the report. “The global economy remains fairly soft. That’s going to continue to weigh on manufacturers.” Orders declined for fabricated and primary metals, computers and electronics, and communications equipment. The drop in bookings for all durable goods last month followed a 0.3 percent August advance that was better than previously reported. Orders for non-defense capital goods excluding aircraft are a proxy for future business investment in items like computers, engines ... (full story)