Orders for Durable Goods Rose 1.9% in September
Washington, DC, October 26, 2020-New orders for manufactured durable goods in September increased $4.3 billion or 1.9% to $237.1 billion, the U.S. Census Bureau announced.
This increase, up five consecutive months, followed a 0.4% August increase.
Excluding transportation, new orders increased 0.8%. Excluding defense, new orders increased 3.4%. Transportation equipment, up four of the last five months, led the increase, $3.0 billion or 4.1% to $76.8 billion.
Shipments of manufactured durable goods in September, up four of the last five months, increased $0.7 billion or 0.3% to $245.0 billion. This followed a 0.3% August decrease. Transportation equipment, also up four of the last five months, led the increase, $0.4 billion or 0.5% to $82.0 billion.
Unfilled orders for manufactured durable goods in September, down six of the last seven months, decreased $2.6 billion or 0.2% to $1,075.7 billion. This followed a 0.6% August decrease. Transportation equipment, down seven consecutive months, drove the decrease, $5.2 billion or 0.7% to $722.0 billion.
Related Topics:U.S. Census Bureau