Keeping you up to date on the latest data releases.
- Durable Goods
New orders for durable goods rose 0.1 percent in August. Over the past year, new orders are up 13.7 percent. New orders for transportation equipment increased 0.7 percent following a large decline of 22.0 percent in July. New orders excluding transportation equipment were down 0.1 percent, following a decline of 0.5 percent in July. Orders for nondefense capital goods excluding aircraft, which is used to evaluate the near-term outlook in equipment and software investment, increased 1.5 percent in August. Shipments of durable goods, which are up 4.9 percent over the past year, were up 0.9 percent in August. Shipments of nondefense capital goods excluding aircraft, which map directly into GDP, increased 1.3 percent in August. This increase followed a decline of 1.4 percent in July. On a year-over-year basis, shipments of nondefense capital goods excluding aircraft are up 2.8 percent.