July Durable Orders M/M -6.8% vs -6.0% consensus
July Durable Goods ex-trans M/M +0.5% vs +0.5% consensus
New Orders
- New orders for manufactured durable goods in July decreased $16.7 billion or 6.8 percent to $229.2 billion. This decrease, down three of the last four months, followed a 6.4 percent June increase.
- Excluding transportation, new orders increased 0.5 percent.
- Excluding defense, new orders decreased 7.8 percent.
- Transportation equipment, also down three of the last four months, drove the decrease, $17.4 billion or 19.0 percent to $74.3 billion.
Shipments
- Shipments of manufactured durable goods in July, up three consecutive months, increased $1.0 billion or 0.4 percent to $237.4 billion. This followed a virtually unchanged June increase.
- Transportation equipment, up two of the last three months, led the increase, $0.4 billion or 0.5 percent to $79.2 billion.
Unfilled Orders
- Unfilled orders for manufactured durable goods in July, down two of the last three months, decreased $3.8 billion or 0.3 percent to $1,131.8 billion. This followed a 1.3 percent June increase. Transportation equipment, also down two of the last three months, drove the decrease, $4.8 billion or 0.6 percent to $772.2 billion.