New orders for manufactured durable goods in July increased $7.7 billion or 4.0 percent to $201.5 billion, the U.S. Census Bureau announced today. The report showed a return from weakness mainly in automobiles and aircraft manufacturing. And some renewed weakness in the defense sector. Excluding transportation, new orders increased just 0.7 percent. Cars and auto […]
Tag: "durable goods orders"
The commerce department released its advance report of April durable goods orders. Due to a slump in auto and aircraft manufacturing, durable goods orders dropped 3.6%, a much larger decrease than the 2.2% expected by analysts. New Orders New orders for manufactured durable goods in April decreased $7.1 billion or 3.6 percent to $189.9 billion, […]