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Home Economy

New orders for manufactured durable goods decrease in August

September 28, 2022
Reading Time: 1 min read
New orders for manufactured goods increase in March

New orders for manufactured durable goods in August decreased $0.6 billion or 0.2% to $272.2 billion, the U.S. Census Bureau announced today. Excluding transportation, new orders increased 0.2%. This decrease, down two consecutive months, followed a 0.1% July increase. Excluding defense, new orders decreased 0.9%. Transportation equipment, also down two consecutive months, drove the decrease, down $1.0 billion, or 1.1%, to a total of $92.0 billion.

Shipments of manufactured durable goods in August, up fifteen of the last sixteen months, increased $2.0 billion or 0.7% to a total of $272.1 billion. This followed a 0.2% July increase.

Inventories of manufactured durable goods in August, up nineteen consecutive months, increased $1.0 billion or 0.2% to $487.2 billion.

Read the Census release.

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