Durable good orders 18.2% in August, a record decline but in-line with expectations after July’s historic increase. Expectations were for orders to fall 18% in August, a sharp reversal after July’s record 22.6% increase in orders. July’s 22.6% surge was largely related to a massive increase in aircraft orders.
New orders for manufactured durable goods in August decreased 18.2 percent to $245.4 billion, the U.S. Census Bureau announced today. This decrease, down following two consecutive monthly increases, followed a 22.5 percent July increase. Excluding transportation, new orders increased 0.7 percent. Excluding defense, new orders decreased 19 percent.
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Orders for durable goods edged up 0.2% in August after a much bigger 2% gain in July, the Commerce Department reported Friday. The volatile commercial aircraft sector dropped sharply. Orders in a.
US Durable Goods Orders Up 1.7 Percent In August. For August, orders excluding transportation were up 0.2 percent after a stronger 0.8 percent rise in July. Demand for machinery rose 0.3 percent while orders for computers and percent. Orders for autos and auto parts rose 1.5 percent after a 2.1 percent drop in July.
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Reporter WASHINGTON (MarketWatch) – Orders for durable U.S. goods plunged by a record 18.2% in August after a record 22.5% gain in July, mainly because of up-and-down demand for airplanes.
. in orders for durable goods followed a 6.8 percent plunge in July, the Labor Department reported Wednesday. Both months were heavily influenced by swings in orders for commercial aircraft, which.
Durable good orders fell 18.2% in August, a record decline but in-line with expectations after July’s historic increase. core is solid. The headline plunge reflects the return to more normal.
Investing.com – U.S. durable goods orders plunged significantly more-than-expected in July, while core orders declined unexpectedly, official data showed on Monday. In a report, the U.S. Commerce.
New factory orders for durables plummeted a record 18.2% in August, following a record spike of 22.5% in July. Market expectations were for a 17.1% fall. The volatile transportation segment fell a.
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Orders to U.S. factories for long-lasting manufactured goods fell in June by the largest amount in nearly two years, reflecting a big decline in the volatile category of commercial aircraft and broad weakness across a number of other areas.
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Last month, non-defense capital goods orders excluding aircraft – a closely watched proxy for business spending – rebounded 4.1 percent in August after a 5.3 percent drop in July. Markets had expected.