New orders for manufactured durable goods in August increased $0.3 billion or 0.1% to $224.9 billion, the U.S. Census Bureau reports. This follows a 8.1% decrease in July.

Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders
increased 0.5%.

Durable goods orders are up 13.2% from August 2012, but this is only because last August was an unusually weak month. From September 2012, new orders for durable goods are up 3.7%.

Durable GoodsUS Durable Goods Orders August 2013 600x375 New Orders For Durable Goods Increase 0.1% In August


Sign Up For Our Free Newsletter and like our Facebook page for latest news updates and leaks. ValueWalk’s Under The Radar Hedge Fund Ideas Is Only $49.99 (CLICK HERE! IT'S LIMITED TIME OFFER)