New orders for manufactured durable goods in August decreased $54.5 billion or 18.2 percent to $245.4 billion, the U.S. Census Bureau announced today. This decrease, down following two consecutive monthly increases, followed a 22.5 percent July increase. Excluding transportation, new orders increased 0.7 percent. Excluding defense, new orders decreased 19.0 percent.

Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $55.6 billion or 42.0 percent to $76.8 billion.

Shipments of manufactured durable goods in August, down following two consecutive monthly increases, decreased $3.7 billion or 1.5 percent to $246.1 billion.
This followed a 3.7 percent July increase.

Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $3.9 billion or 5.1 percent to $72.5 billion.

To read the full Advance Report on Durable Goods, click here.