Durable Goods Orders Fall 2.0% in Aug.; Ex-Transportation Unch

U.S. durable goods orders slumped 2.0% in August, while excluding transportation orders were flat, the Commerce Department reported Thursday.

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Economists polled by Thomson Reuters expected a 2.0% decrease in orders and a 0.2% gain excluding transportation.

In July, orders rose a revised 1.9%, first reported as a 2.0% increase, while excluding transportation sales gained 0.4%, initially reported as a 0.6% rise.

Excluding defense orders slid 1.0% in August after a 0.9% increase in July.

 


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