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Washers and dryers are seen on display at a store in New York July 28, 2010. REUTERS/Shannon Stapleton

U.S. durable goods orders, sentiment suggest politics hurting economy

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By Jason Lange

WASHINGTON (Reuters) - Orders for a wide range of U.S.-made capital goods plummeted in September and consumer sentiment weakened sharply in October, signs that a budget battle in Washington has held back the economy.

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New orders of non-military capital goods other than aircraft, an indicator of business spending plans, fell 1.1 percent last month, the Commerce Department said on Friday.

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