Durable orders show business investment still weak

U.S. companies remained cautious in September, holding back on orders for the long-lasting manufactured goods that signal investment plans.

In this Thursday, Sept. 6, 2012, photo, workers form a large spindle at Solmet Technologies in Canton, Ohio. U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders in September. The increase was a hopeful sign that the economy is improving. The Institute for Supply Management, a trade group of purchasing managers, said on Monday, Oct. 1, 2012, that its index of factory activity rose to 51.5, up from 49.6 in August. (AP Photo/Mark Duncan)

In this Thursday, Sept. 6, 2012, photo, workers form a large spindle at Solmet Technologies in Canton, Ohio. U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders in September. The increase was a hopeful sign that the economy is improving. The Institute for Supply Management, a trade group of purchasing managers, said on Monday, Oct. 1, 2012, that its index of factory activity rose to 51.5, up from 49.6 in August. (AP Photo/Mark Duncan)

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