Keeping you up to date on the latest data releases.
- Durable Goods
New orders for durable goods rose 3.7 percent in September. Over the past year, new orders are up 4.6 percent. New orders for transportation equipment increased 12.3 percent, following a decline of 1.7 percent in August. New orders excluding transportation equipment were down 0.1 percent, following a 0.4 percent drop in August. Orders for nondefense capital goods excluding aircraft, which is used to evaluate the near-term outlook in equipment and software investment, fell 1.1 percent in September. Shipments of durable goods, which are up 3.0 percent over the past year, were up 0.2 percent in September. Shipments of nondefense capital goods excluding aircraft, which map directly into GDP, fell 0.2 percent in September. This decrease followed an increase of 1.1 percent in August. On a year-over-year basis, shipments of nondefense capital goods excluding aircraft are up 1.4 percent.