04222018Sun
Last updateFri, 20 Apr 2018 5pm

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Manufacturing & The Economy

Durable Goods Orders Unexpectedly Fell 1.2%

New orders for manufactured durable goods in October decreased $2.8 billion or 1.2% to $236.0 billion, the U.S. Department of Commerce announced. This decrease, down following two consecutive monthly increases, followed a 2.2% September increase. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders decreased 0.8%. Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $3.5 billion or 4.3% to $77.1 billion. 

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