New Orders for Manufactured Goods Fall in April
New Orders
New orders for manufactured durable goods in April decreased $1.0 billion or 0.5% to $214.4 billion, the U.S. Census Bureau announced. This was the third decrease in four months and followed a 0.3% March decrease. Excluding transportation, new orders increased 2.5%. Excluding defense, new orders decreased 0.3%.
Transportation equipment, down three of the last four months, had the largest decrease, $4.8 billion or 8.0% to $56.1 billion.
Shipments
Shipments of manufactured durable goods in April, up following two consecutive monthly decreases, increased $2.5 billion or 1.2% to $212.2 billion. This followed a 0.9% March decrease. Computers and electronic products, up following two consecutive monthly decreases, had the largest …
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