05272019Mon
Last updateThu, 23 May 2019 6pm

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Manufacturing & The Economy

Durable Goods Orders Down 1.6% in February

New orders for manufactured durable goods in February decreased $4.2 billion or 1.6% to $250.6 billion, the U.S. Department of Commerce announced. This decrease, down following three consecutive monthly increases, followed a 0.1% January increase. Excluding transportation, new orders increased 0.1%. Excluding defense, new orders decreased 1.9%. Transportation equipment, also down following three consecutive monthly increases, drove the decrease, $4.3 billion or 4.8% to $86.0 billion.

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