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Durable Goods Orders Decrease 2.8% in February

Posted 03/28/2016

New orders for manufactured durable goods in February decreased $6.6 billion or 2.8 percent to $229.4 billion, the U.S. Census Bureau announced.  This decrease, down three of the last four months, followed a 4.2 percent January increase.  Excluding transportation, new orders decreased 1.0 percent.  Excluding defense, new orders decreased 1.9 percent. Transportation equipment, also down three of the last four months, led the decrease, $4.9 billion or 6.2 percent to $74.2 billion.   

The revised seasonally adjusted January figure for all manufacturing industries for new orders was $462.5 billion, revised from $463.9 billion.

To read the full release, go to https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf

 

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