US Durable Goods Fall Unexpectedly in May

New orders for manufactured durable goods fell 1.0 percent in May of 2014 after a revised 0.8 percent rise in April, driven by a slump in demand for transportation, machinery, computers and electronic products.
US Census Bureau | Nuno Fontes | nuno@tradingeconomics.com 6/25/2014 1:46:54 PM
New orders for manufactured durable goods in May decreased $2.4 billion to $238.0 billion. Excluding transportation, new orders decreased 0.1 percent after rising 0.4 percent the prior month.

Excluding defense, new orders increased 0.6 percent following a decrease by a revised 1.1 percent in April.

Orders for transportation equipment led the decrease, $2.3 billion or 3.0 percent to $74.4 billion, as bookings for civilian aircraft fell 4.0 percent. Automobile orders increased 2.1 percent.

US Durable Goods Fall Unexpectedly in May