(RTTNews) - A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods increased by less than expected in the month of September. "Looking ahead, a dwindling pipeline excluding the transportation sector will offer a minimal growth impulse for manufacturing activity heading into 2023," said Kathy Bostjancic, Chief U.S. She added, "The confluence of highly elevated inflation, higher interest rates, weakening demand, softening earnings growth and downbeat sentiment will cause durable goods activity to struggle next year."