Keeping you up to date on the latest data releases.
- Durable Goods
New orders for durable goods fell 2.0 percent in October. Over the past year, new orders are up 4.8 percent. New orders for transportation equipment lead the decline, falling 5.6 percent in October. Excluding volatile transportation equipment orders, new orders were down only 0.1 percent following an increase of 0.2 percent in September. Orders for nondefense capital goods excluding aircraft, which is used to evaluate the near-term outlook in equipment and software investment, declined 1.2 percent in October. Shipments of durable goods, which are up 3.3 percent over the past year, were up 0.2 percent in October. Shipments of nondefense capital goods excluding aircraft, which map directly into GDP, fell 0.2 percent in October after falling 0.2 percent in September. On a year-over-year basis, shipments of nondefense capital goods excluding aircraft are up 1.4 percent.