Durable Goods Orders Rose 1.8% in August

Washington, DC, September 27, 2021-New orders for manufactured durable goods in August increased $4.6 billion or 1.8% to $263.5 billion, the U.S. Census Bureau announced. This increase, up fifteen of the last sixteen months, followed a 0.5% July increase. Excluding transportation, new orders increased 0.2%. Excluding defense, new orders increased 2.4%. Transportation equipment, up three of the last four months, led the increase, $4.2 billion or 5.5% to $80.8 billion.

Shipments of manufactured durable goods in August, down following three consecutive monthly increases, decreased $1.2 billion or 0.5% to $256.1 billion. This followed a 2.0% July increase. Transportation equipment, down following two consecutive monthly increases, drove the decrease, $2.0 billion or 2.7% to $73.5 billion.

Unfilled orders for manufactured durable goods in August, up seven consecutive months, increased $11.8 billion or 1.0% to $1,239.3 billion. This followed a 0.5% July increase. Transportation equipment, up six of the last seven months, led the increase, $7.3 billion or 0.9% to $820.8 billion.