New orders for manufactured durable goods in October increased $6.9 billion or 3.0 percent to $239.0 billion, the U.S. Census Bureau announced last week. This increase, up following two consecutive monthly decreases, followed a 0.8 percent September decrease.
Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders increased 3.2 percent.
Transportation equipment, also up following two consecutive monthly decreases, led the increase, $6.1 billion or 8.0 percent to $82.1 billion.
The revised seasonally adjusted September figure for all manufacturing industries for new orders was $467.0 billion, revised from $466.3 billion.
To read the full release, go to https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf