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September Durable Goods New Orders +1.9%; Ex-Transport +0.8%

US DATA
MNI (Washington)
  • Orders of U.S. durable goods surged in September, growing by 1.9% following a downward revised 0.4% increase in August (prev +0.5%), according to figures released Tuesday by the Census Bureau. Financial markets had expected a m/m gain of 0.5%.
  • Orders of transportation equipment were up 4.1% in September after falling 0.9% in August. Motor vehicle and parts orders rose 1.5% after a sharp 4.1% decline in August.
  • Meanwhile, defense aircraft orders were down 46.1% in September following August's smaller 13.8% drop.
  • Excluding transportation, new orders were up 0.8% when markets had expected an increase of 0.4%.
  • Capital goods new orders rose 4.7% in September following August's stronger 5.3% gain. Nondefense capital goods new orders were up 10.4% , while defense capital goods orders were down 22.3%.
  • Excluding aircraft, nondefense capital goods new orders were up 1.0%.
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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