By John S. McClenahen Although new orders for manufactured durable goods decreased even more than first estimated, overall new orders for U.S. manufactured goods increased 0.5% in October to $371.5 billion, the U.S. Commerce Department reported on Dec. ...
ByJohn S. McClenahen Although new orders for manufactured durable goods decreased even more than first estimated, overall new orders for U.S. manufactured goods increased 0.5% in October to $371.5 billion, the U.S. Commerce Department reported on Dec. 2. New orders for durables, generally big ticket items designed to last three years or more, fell by $2.3 billion or 1.1% to $195.2 billion in October. Commerce had earlier reported a decline of only $900 million. New orders for computers and electronic products, which had risen the two previous months, had the biggest percentage decrease among durables, falling $2.4 billion or 6.5% to $34.5 billion. New orders for manufactured durables increased $4.2 billion or 2.4% to $176.3 billion in October.
