New orders for manufactured durable goods in April decreased $10.5 billion or 4.8 percent to $210.2 billion, the U.S. Census Bureau announced.
This decrease follows two consecutive monthly increases, which includes a 6.6 percent March increase. Excluding transportation, new orders decreased 1.1 percent. Excluding defense, new orders decreased 3.8 percent.
Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $8.8 billion or 12.7 percent to $61.0 billion. The decrease was led by nondefense aircraft and parts, which decreased $6.3 billion.
Shipments Shipments of manufactured durable goods in April, down following two consecutive monthly increases, decreased $2.0 billion or 0.9 percent to $207.0 billion. This followed a 0.3 percent March increase.
Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $1.8 billion or 3.2 percent to $54.8 billion.
Inventories Inventories of manufactured durable goods in April, up three of the last four months, increased $2.2 billion or 0.8 percent to $277.8 billion. This followed a 1.0 percent March increase.
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