Durable Goods Orders Rose 0.8 percent in September

New orders for manufactured durable goods increased 0.8 percent in September to $262.1 billion, following a 4.6 percent August increase, according to the U.S. Census Bureau. Transportation equipment drove the increase, rising 1.9 percent to $97.4 billion over the month. New orders, excluding the transportation sector, rose 0.1 percent.

Excluding defense, new orders decreased 0.6 percent.

Shipments of manufactured durable goods increased 1.3 percent to $256.8 billion.

Inventories of manufactured durable goods increased 0.7 percent to $410.7 billion. This followed a 0.2 percent August decrease.

Read the Census release.

About Jack McCabe

Jack McCabe is a research associate in the Economic Policy and Research group at the ABA.
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