Urethane Blog
Durable Goods Orders Increase in September
October 26, 2023
US Durable Goods Orders Soared In September By Most In Over 3 Years
by Tyler Durden
Thursday, Oct 26, 2023 – 08:50 AM
After two straight months of declines, preliminary durables goods orders for September soared 4.7% MoM (far higher than the 1.8% expected), lifting orders by 6.0% YoY…
![](https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/bfmD0F9.jpg?itok=6rrE1rn4)
Source: Bloomberg
That is the biggest MoM jump since July 2020.
Orders ex-transports rose just 0.5% MoM and ex-defense soared 5.8% MoM.
Defense spending tumbled 14.4% MoM but non-defense aircraft spending soared 92.5% MoM…
![](https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/bfmC56A.jpg?itok=XmJtqPwz)
Source: Bloomberg
Finally, as a reminder, this data is all nominal – i.e not adjusted for inflation.
https://www.zerohedge.com/economics/us-durable-goods-orders-soared-september-most-over-3-years
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