...coming in a bit flat.
New orders for manufactured durable goods in
February increased $0.9 billion or 0.5 percent to $178.1
billion, the U.S. Census Bureau announced today. This
was the third consecutive monthly increase and followed
a 3.9 percent January increase. Excluding
transportation, new orders increased 0.9 percent.
Excluding defense, new orders increased 1.6 percent.
Machinery, up three of the last four months, had the
largest increase, $1.1 billion or 4.7 percent to $23.3
Shipments of manufactured durable goods in February,
down two consecutive months, decreased $1.0 billion or
0.6 percent to $179.8 billion. This followed a 0.1 percent
Transportation equipment, also down two consecutive
months, had the largest decrease, $1.5 billion or 3.4
percent to $43.8 billion.