August durable goods orders flat
New orders for manufactured durable goods in August, up six of the last seven months, increased $0.1 billion or virtually unchanged to $289.7 billion, the U.S. Census Bureau announced.
This followed a 9.9% July increase.
Excluding transportation, new orders increased 0.5%. Excluding defense, new orders decreased 0.2%.
Electrical equipment, appliances, and components, up two of the last three months, drove the increase, $0.3 billion or 1.9% to $14.4 billion.
INDUSTRIAL SUPPLY MAGAZINE
The September/October issue of Industrial Supply magazine features an in-depth cover story about Kurz Industrial Solutions. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Hockett, as well as interviews with numerous product and distribution industry experts.
