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ECON: Durable Goods Unchanged in October, Better Than Expected
Posted to: Micro News
Tuesday, November 27, 2012 8:45 AM
- Headline Durable Goods 0.0 vs -0.6 Consensus
- Excluding transportation +1.5 vs -0.5 Consensus
- Ex-Defense & Aircraft +1.7, Most since May 2012,
New orders for manufactured durable goods in
October increased slightly to $216.9 billion, the U.S.
Census Bureau announced today. This increase, up five
of the last six months, followed a 9.2 percent September
increase. Excluding transportation, new orders increased
1.5 percent. Excluding defense, new orders increased
Machinery, up two consecutive months, had the largest
increase, [forwardfullbody].9 billion or 2.9 percent to $30.9 billion.
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