Durable Goods Orders Unchanged in August

New orders for manufactured durable goods were virtually unchanged in August, following a 3.6% increase in July, according to the U.S. Census Bureau.

New orders excluding defense decreased 1.0% on the month, as orders of nondefense capital goods fell 4.4% to $65.0 billion.

Shipments of manufactured durable goods fell 0.4% to $231.7 billion, after being virtually unchanged in in July.

Inventories of manufactured durable goods rose 0.1% to $383.7 billion, following a 0.4% July increase. Machinery led the increase, rising 0.5% to $65.7 billion.

Read the Census release.