Durable good orders fell in August
Posted on: Friday, 25 September 2009, 11:16 CDT
U.S. durable goods orders fell more than expected in August, dropping 2.4 percent, the Commerce Department reported Friday.
After a rise of 4.8 percent in July, economists expected new orders in August to rise 0.3 percent. But new orders fell for the second decrease in three months, dropping $4 billion to $164.4 billion, Commerce said.
Shipments of durable goods fell 1.4 percent or $2.4 billion to $171.3 billion after a 2.2 percent increase in July. Unfilled orders, down for 11 consecutive months, dropped 0.4 percent to $737.1 billion.
Durable goods inventories fell 1.3 percent to $308.9 billion, Commerce said.
Source: United Press International
Related Articles
- Durable goods orders fell in June
- U.S. durable goods orders fell in October
- 17 Percent of U.S. Elderly Have Good Diet
- Durable Goods Orders Fall in January
- OneOncology Surpasses $1.47 Billion Order Mark, Answers Questions From Hundreds of Community Oncologists During the Practice Freedom Tour
- U.S. Durable-Goods Orders Rise 2.5 Percent
- Bush Executive Order is Good, But Encouraging Health Care Consumerism Requires More Than Cost and Quality Transparency
- LiveDeal.Com Soars to $5 Billion Worth of Goods Listed for Sale
- China to Buy $4 Billion Worth of U.S. Goods Ahead of Hu's Visit
Rating: 4.0 / 5 (5 votes)
 |
 |
Rate this article:
User Comments (0)
RSS Feeds