Durable Goods Orders Fell 1.1% in May, Driven by Transportation

Washington, DC, June 26, 2017-New orders for manufactured durable goods in May decreased $2.5 billion or 1.1% to $228.2 billion, the U.S. Census Bureau announced.

This decrease, down two consecutive months, followed a 0.9% April decrease.

Excluding transportation, new orders increased 0.1%. Excluding defense, new orders decreased 0.6%.

Transportation equipment, also down two consecutive months, drove the decrease, $2.7 billion or 3.4% to $75.4 billion.

Shipments of manufactured durable goods in May, up following two consecutive monthly decreases, increased $1.8 billion or 0.8% to $234.9 billion. This followed a 0.3% April decrease. Transportation equipment, up following four consecutive monthly decreases, led the increase, $1.5 billion or 1.9% to $78.8 billion.

Unfilled orders for manufactured durable goods in May, down following two consecutive monthly increases, decreased $2.3 billion or 0.2% to $1,120.1 billion. This followed a 0.2% April increase. Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $3.4 billion or 0.4% to $762.8 billion.


Related Topics:U.S. Census Bureau