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: Calculated RiskDurable Goods Orders decreased 1.3% in August
By Anonymous
New orders for manufactured durable goods in August decreased $2.5 billion or 1.3 percent to $191.2 billion, the U.S. Census Bureau announced today. Down three of the last four months, this decrease followed a 0.7 percent July increase. Excluding transportation, new orders increased 2.0 percent. Excluding defense, new orders decreased 1.2 percent.This was below the consensus for a decline of 1.0%.
...
Shipments of manufactured durable goods in August, down following two consecutive monthly increases, decreased $3.1 billion or 1.5 percent to $197.9 billion.
Next up: New home sales at 10 AM ET.
Full post as published by Calculated Risk on September 24, 2010 (boomark / email).
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