Reflecting a continued slump by orders for transportation equipment, the Commerce Department released a report on Friday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of September.

The Commerce Department said durable goods slid by 0.8 percent in September, matching a revised decrease in August.

Economists had expected durable goods orders to fall by 0.5 percent compared to the unchanged reading originally reported for the previous month.

Excluding a 3.1 percent plunge by orders for transportation equipment, durable goods orders rose by 0.4 percent in September after climbing by 0.6 percent in August. Ex-transportation orders were expected to edge down by 0.1 percent.

At 10 am ET, the University of Michigan is scheduled to release its revised reading on consumer sentiment in the month of October.

The consumer sentiment index for October is expected to be upwardly revised to 69.0 from a preliminary reading of 68.9, which was down from 70.1 in September.

Boston Federal Reserve President Susan Collins is due to participate in a fireside chat before the Black Economic Council of Massachusetts’ annual Mass Black Expo at 11 am ET.