Durable good orders Ex Transportation down - 0.8 %...

Discussion in 'Economics' started by ASusilovic, Oct 27, 2010.

  1. Details of the report were not as strong as the headline suggested.

    Excluding the 15.7% rise in transportation orders, durable-goods orders were down 0.8% in September, the second decline in the past three months.

    Orders for core capital equipment goods fell 0.6% in September after a 4.8% rise in August, a signal that the manufacturing sector is cooling off.

    August’s orders were revised up to a 1.0% fall from 1.5% previously reported.