New orders for manufactured durable goods in August decreased $0.1 billion or virtually unchanged to $226.9 billion, the U.S. Census Bureau announced today. This decrease, down three of the last four months, followed a 3.6 percent July increase. Excluding transportation, new orders decreased 0.4 percent. Excluding defense, new orders decreased 1.0 percent. Electrical equipment, appliances, and components, down following two consecutive monthly increases, drove the decrease, $0.2 billion or 2.5 percent to $9.6 billion. Shipments Shipments of manufactured durable goods in August, down following two consecutive monthly increases, decreased $0.8 billion or 0.4 percent to $231.7 billion. This followed a virtually unchanged July increase. Transportation equipment, down three of the last four months, drove the decrease, $0.9 billion or 1.1 percent to $79.9 billion.
Inventories of manufactured durable goods in August, up two consecutive months, increased $0.5 billion or 0.1 percent to $383.7 billion. This followed a 0.4 percent July increase. Machinery, up two of the last three months, led the increase, $0.3 billion or 0.5 percent to $65.7 billion. Capital Goods Nondefense new orders for capital goods in August decreased $3.1 billion or 4.4 percent to $66.9 billion. Shipments decreased $1.4 billion or 1.9 percent to $70.1 billion. Unfilled orders decreased $3.1 billion or 0.4 percent to $696.3 billion. Inventories increased $0.3 billion or 0.2 percent to $169.7 billion. Defense new orders for capital goods in August increased $2.3 billion or 23.6 percent to $11.9 billion. Shipments decreased $0.2 billion or 2.3 percent to $10.3 billion. Unfilled orders increased $1.5 billion or 1.1 percent to $137.2 billion. Inventories decreased $0.4 billion or 2.0 percent to $20.7 billion.
The post US durable goods orders a little better than expected, the dollar sold initially appeared first on forex-analytics.press.