New Orders in Durable Goods increased 3.3% for September 2010. New orders has declined 2 of the past 4 months, with July showing a slight 0.7% increase. New orders in non-defense capital goods increased 8.6%. Core capital goods new orders fell -0.6%.
New Orders in Durable Goods declined -1.3% for August 2010. New orders has declined 3 of the past 4 months, with July showing a slight 0.7% increase. New orders in capital goods dropped -0.9%. Core capital goods new orders jumped +4.1%.
The Durable Goods advance report for June 2010 showed a -1.0% decline in new orders. New orders of Capital goods dropped -2.3%. Non-defense capital goods dropped -1.6%, although minus defense and aircraft, core capital goods new orders increased 0.6%, a barely budge.
The Durable Goods advance report for May 2010 showed a -1.1% decline in new orders. This month the real story is non-defense capital goods dropped -2.8%, although minus defense and aircraft, core capital goods new orders increased 2.1%. Mixed bag. Last month's core capital goods new orders were -2.7%.
The Durable Goods advance report for March 2010 was released yesterday and showed a -1.3% decrease for new orders. Just like last month, the report (original on Census.gov), was driven by non-defense commercial aircraft & parts, which plunged in new orders, -67.1% in a month. As mentioned previously, air-o-planes and such are huge, big ticket items and also something not ordered every day, so the below will look at the overall report, trying to remove this volatile metric.
The Durable Goods advance report for February 2010 was released yesterday and showed a 0.5% increase for new orders. The report was driven by non-defense commercial aircraft, which rose in new orders 32.7% in a month. Somebody is selling a lot of planes.
New orders for Durable goods increased 3% for January.
Before you get all excited, it's all aircraft. Nondefense aircraft and parts had a 126% increase in new orders. What is more interesting is shipments in this same category dropped 18.1%. Previously mentioned, aircraft is a particularly volatile number. Obviously each order represents millions, sometimes billions and if someone cancels? Well.
Without aircraft Durable goods new orders actually dropped -0.6%.
Durable goods new orders is flat lined for yet another month, at a 0.3% increase since last month. The big news is the November new orders for durable goods was revised, now at a -0.4% decline, but when reported it was a 0.2% increase. So, this makes this months numbers look better but really this isn't a strong report.
I mean look at this graph since the start of the official recession:
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