US August durable goods orders +1.8% vs +0.7% expected

August 2021 US durable goods orders data:

• Prior was -0.1% (revised to +0.5%)
• Durables ex transportation +0.2% vs +0.5% expected
• Prior ex transportation +0.8% (unrevised)
  
• Capital goods orders non-defense ex-air +0.5% vs +0.4% expected
• Prior capital goods orders non-defense ex-air +0.1% (revised to +0.3%)
• Capital goods shipments non-defense ex-air +0.7% vs  +0.9% prior
  

With the revision to July, durable goods orders have risen in 15 of the past 16 months. That's a remarkable run and today's strong numbers underscore high demand in the pipeline despite bottlenecks.

Inside this report, the details are a bit softer as the volatile transport component is driving the gains. Aircraft orders rose 77.9% in the month while motor vehicles fell 3.1%.

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September 28, 2021 at 12:30AM
Adam Button
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