Orders for Durable Goods Inched Down 0.2% in August
Washington, DC, September 27, 2022-New orders for manufactured durable goods in August, down two consecutive months, decreased $0.6 billion or 0.2% to $272.7 billion, the U.S. Census Bureau. This decrease followed a 0.1% July decrease. Excluding transportation, new orders increased 0.2%. Excluding defense, new orders decreased 0.9%. Transportation equipment, also down two consecutive months, drove the decrease, $1.0 billion or 1.1% to $92.0 billion.
Shipments of manufactured durable goods in August, up fifteen of the last sixteen months, increased $2.0 billion or 0.7% to $272.1 billion. This followed a 0.2% July increase. Transportation equipment, up ten of the last eleven months, led the increase, $1.7 billion or 1.9% to $88.0 billion.
Unfilled orders for manufactured durable goods in August, up twenty-four consecutive months, increased $5.4 billion or 0.5% to $1,132.2 billion. This followed a 0.7% July increase. Transportation equipment, up eighteen of the last nineteen months, led the increase, $4.0 billion or 0.6% to $659.1 billion.
Related Topics:U.S. Census Bureau