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August Durable Goods New Orders +0.4%; Ex-transport +0.4%

US DATA
MNI (Washington)
  • New orders of U.S. durable goods rose 0.4% in August, far below market expectations for a 1.3% gain. July new orders were revised up to 11.7% (prev 11.4%).
  • New orders of transportation equipment increased 0.5% in August after a 35.2% gain in July. Motor vehicle and parts orders fell 4.0% after growing 21.7% in July, while defense aircraft and parts orders slipped 6.4% following a 75.3% increase.
  • Excluding transportation, durable goods new orders were also up 0.4% in August when markets had forecast a 1.1% gain. July orders were revised up to 3.2% from a previously reported 2.6%.
  • Capital goods new orders rose 5.6% in August, with defense capital goods down 3.3% and nondefense up 7.8%. Excluding aircraft, nondefense capital goods new orders were up 1.8%.
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
Energy BulletsCommodities
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
Energy BulletsCommodities

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