10162018Tue
Last updateMon, 15 Oct 2018 7pm

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Manufacturing & The Economy

U.S. Durable Goods Orders Rose 1.7% in August

New orders for manufactured durable goods in August increased $3.9 billion or 1.7% to $232.8 billion, the U.S. Department of Commerce announced. This increase, up two of the last three months, followed a 6.8% July decrease. Excluding transportation, new orders increased 0.2%. Excluding defense, new orders increased 2.2%.

Shipments of manufactured durable goods in August, up three of the last four months, increased $0.7 billion or 0.3% to $237.2 billion. This followed a 0.1% July increase. Machinery, up nine of the last ten months, led the increase, $0.3 billion or 1.1% to $31.4 billion. 

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