New orders for produced long lasting items in August increased $4.6 billion or $1.8% to $263.5 billion, the U.S. Census Bureau revealed today. This boost, up fifteen of the last sixteen months, followed a 0.5% July boost. Excluding transport, brand-new orders increased 0.2%. Excluding defense, brand-new orders increased 2.4%.
Shipments of produced long lasting items in August, reduced 0.5% or $1.2 billion. This followed a 2.0% June boost. Transportation devices, down following 2 successive month-to-month boosts, drove the reduction, $2.0 billion or 2.7% to $73.5 billion.
Inventories of produced long lasting items in August, up 7 successive months, increased $3.4 billion or 0.8% to $457.9 billion.
Read the Census release.