07122020Sun
Last updateThu, 09 Jul 2020 3pm

Manufacturing & The Economy

Durable Goods Orders Down 17.2% in April

New orders for manufactured durable goods in April decreased $35.4 billion or 17.2% to $170.0 billion, the U.S. Department of Commerce announced. This decrease, down three of the last four months, followed a 16.6% March decrease. Excluding transportation, new orders decreased 7.4%. Excluding defense, new orders decreased 16.2%. Transportation equipment, also down three of the last four months, led the decrease, $23.9 billion or 47.3% to $26.6 billion. 

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