Orders for Manufactured Durable Goods Drop 2% in August

Washington, DC, September 24, 2015—New orders for manufactured durable goods in August decreased $4.8 billion or 2.0% to $236.3 billion, the U.S. Census Bureau has announced.

This decrease, down following two consecutive monthly increases, followed a 1.9% July increase. Excluding transportation, new orders decreased less than $0.1 billion, or virtually unchanged. Excluding defense, new orders decreased $2.2 billion or 1.0%.

Transportation equipment, also down following two consecutive monthly increases, led the decrease, $4.8 billion or 5.8% to $78.7 billion.