DGO

Durable Goods Orders increased 1.7 percent in August 2017 according to the Census Bureau’s most recent release. This uptick, the second of the last three months, reversed just a portion of the 6.8 percent decrease in July. Transportation’s 4.9 percent surge led this indicator higher; excluding this component leaves an improvement of 0.2 percent.

Orders for wares expected to last longer than three years took an expected tumble in July 2017 according to the Durable Goods Report from the Census Bureau. As Atlas wrote here, June’s outsized jump was led by soaring orders for aircraft (up 129.3 percent in period; downwardly revised from 131 percent), but this was not repeated a month later.