Durable Orders Surprise Higher with Surge in Transportation Equipment

US durable goods orders rose 1.9% month-over-month in June ahead of a consensus -0.5%, following after a 0.8 percent decrease in May. New orders for transportation equipment surged $4.5 billion or 5.1 percent to $92.7 billion, these new orders for nondefense aircraft and parts have risen for three consecutive months. One of the main components of that transport rise was Boeing who reported earnings today, $BA said they increased 737 production to 31 per month with a backlog of $372 billion … Continue reading “Durable Orders Surprise Higher with Surge in Transportation Equipment”

Surge in Transportation Equipment See US Durable Goods Orders Jump

US durable goods orders rose 2.5 percent in November, following after a 0.4 percent decrease in October. New orders for transportation equipment surged 6.5%, powered by a 34.1% increase in new orders for nondefense aircraft and parts. Total durable goods orders rose 2.5% month-over-month in November (consensus +1.5%). November Durable Goods Orders Highlights US Durables Goods Orders Nov P: 2.5% (exp 1.8%; prev -0.4%) US Durables Ex-Transportations Nov P: 0.8% (exp 0.6%; R prev 0.3%) New orders for primary metals … Continue reading “Surge in Transportation Equipment See US Durable Goods Orders Jump”

US Durable Goods Fell Again In October With Slumping Aircraft Orders

US durable goods orders fell 0.5 percent in October, following after a 0.4 percent decrease in September. Transportation equipment (-2.6 percent), specifically nondefense aircraft and parts (-14.5 percent) and defense aircraft and parts (-21.8 percent).   Total durable goods orders rose 1.8% month-over-month in August (consensus +0.6%). October Durable Goods Orders Highlights US Durable Goods Orders Oct P: -0.5% (est 0.2%; prev -0.3%; prevR -0.4%) US Durables Ex-Transportation Oct P: 0.5% (est 0.5%; prev 0.5%; prevR 0.7) Orders declined for … Continue reading “US Durable Goods Fell Again In October With Slumping Aircraft Orders”