New orders for manufactured durable goods in August increased $0.3 billion or 0.1% to $224.9 billion, the U.S. Census Bureau reports. This follows a 8.1% decrease in July.
Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders
increased 0.5%.
Durable goods orders are up 13.2% from August 2012, but this is only because last August was an unusually weak month. From September 2012, new orders for durable goods are up 3.7%.
Via: floatingpath.com
