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.

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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, after a virtually unchanged decrease in July.

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.

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About Tyler Mondres

Tyler Mondres
Tyler Mondres is a research associate in ABA's Center for Payments and Cybersecurity.