Thursday, October 27, 2016

Durable Goods Orders Fall in September

New orders for manufactured durable goods fell 0.1% in September, following a 0.3% increase in August, according to the U.S. Census Bureau.
New orders excluding defense increased 0.7% on the month, as orders of nondefense capital goods rose 1.5% to $68.2 billion.

Shipments of manufactured durable goods, up three of the last four months, rose 0.8% to $234.5 billion.

Inventories of manufactured durable goods rose 0.1% to $384 billion, following a 0.1% August increase. Machinery led the increase, rising 0.5% to $66 billion.

Read the Census release.
Visit Banks and the Economy.

No comments:

Post a Comment

Please read our comment policy before making a comment.