Connect With PPD
Follow Us:
Economy

Durable Goods Orders September Rise Moderately in September

A Boeing worker is pictured in the wing system installation area at their factory in Renton, Washington, U.S., February 13, 2017. (Photo: Reuters)

The U.S. Census Bureau reported new orders for manufactured durable goods increased $2.0 billion, or 0.8% to $262.1 billion in September. Durable goods orders have now seen an increase in three of the last four months, including a 4.6% gain in August.

The forecasts ranged from -3.0% to 1.8% for September, and the median forecast was calling for -1.5%.

Excluding transportation, new orders increased 0.1 percent. Excluding defense, new orders decreased 0.6%. Transportation equipment, also up three of the last four months, led the increase, $1.8 billion or 1.9% to $97.4 billion.

READ FULL STORY

SubscribeSign In
PPD Business Staff

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

Share
Published by
PPD Business Staff

Recent Posts

Media’s Worst Russian Collusion Sins May Soon Be Repeated

The most damning journalistic sin committed by the media during the era of Russia collusion…

1 year ago

Study: Mask-Mandates and Use Not Associated With Lower Covid-19 Case Growth

The first ecological study finds mask mandates were not effective at slowing the spread of…

4 years ago

Barnes and Baris on Big Tech’s Arbitrary Social Media Bans

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…

4 years ago

Barnes and Baris on Why America First Stands With Israel

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…

4 years ago

Personal Income Fell Significantly in February, Consumer Spending Weaker than Expected

Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…

4 years ago

Study: Infection, Vaccination Protects Against Covid-19 Variants

Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…

4 years ago

This website uses cookies.