The Census Bureau Advance Report on Durable Goods Orders and Shipments shows new orders rose by 1.0% vs an Econoday expectation of 3.2%. The Census Dept revised may from -0.6% to -0.3%.

New Orders

New orders for manufactured durable goods in June increased $2.5 billion or 1.0 percent to $251.9 billion, the U.S. Census Bureau announced today. This increase, up following two consecutive monthly decreases, followed a 0.3 percent May decrease. Excluding transportation, new orders increased 0.4 percent. Excluding defense, new orders increased 1.5 percent. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $1.9 billion or 2.2 percent to $87.7 billion.



Shipments of manufactured durable goods in June, up ten of the last eleven months, increased $4.1 billion or 1.7 percent to $251.6 billion. This followed a 0.2 percent May increase. Transportation equipment, up following two consecutive monthly decreases, led the increase, $3.1 billion or 3.8 percent to $85.3 billion.

Mike "Mish" Shedlock

Durable Goods Orders Dive 3.7%

The consensus got the direction right but not the magnitude. Economists expected durable goods orders to drop 2.0%.

Durable Goods Orders Jump on Defense Spending

Durable goods orders jumped 0.6% in October thanks to a surge in defense spending.

Durable Goods Orders Disappoint, Up on Aircraft Orders

Durable goods orders rose 1.3% in November. Excluding transportation, durable goods orders fell 0.1%.

Of Durable Goods Orders (and How to Buy an Election)

Durable goods orders in December jumped 2.4% led by defense department spending. Otherwise, it was a pathetic report.

Durable Goods Orders Decline By 1.6%, January Revised Lower

Durable goods orders declined 1.6% in February. January was revised from +0.4% to +0.1%.

Durable Goods Order Jump 4.5%, Almost Entirely on Aircraft

Durable goods orders jumped 4.5% in August. Excluding transportation, durable goods orders increased 0.1%.

Durable Goods Orders Drop 4.4% in October, Huge Negative Adjustment in September

Durable goods new orders fell 4.4% in October. The Census Department revised September from +0.8% to -0.1%.

May-June Revision Ping-Pong Match Continues with Durable Goods

Durable goods orders rose 2.0% in June from a revised 2.3% decline in May.

Durable Goods Orders Rise 2.6%, Details Weak: Excluding Transportation 0%

The headline durable goods order is exceptional but nearly the entire rise is new aircraft orders.