Orders for manufactured durable goods in October fell by $1.2 billion, or 0.5% to $260.1 billion.
Source: U.S. Census Bureau
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Transportation equipment, which has declined in three of the last four months, contributed to the decline in new orders falling by 2.6% to $75.3 billion.
Shipments of manufactured durable goods in October expanded by 1.5% to $261.5 billion, after a 0.6% increase in September.
Unfilled orders for goods in October rose to $1,249.7 billion, an increase of $3.1 billion. Machinery contributed to the increase in the unfilled orders, up 1.2% to $113.7 billion.
Inventories of manufactured durable goods rose by 0.6% to reach $466.0 billion, following a 1.0% increase in September.
In the same period, non-defense new orders for capital goods fell by $1.0 billion to $83.8 billion.