The headline data shows new orders for manufactured durable goods in September decreased $3.2 billion or 1.3 percent. This follows an 18.3 percent decline in August.
However, transportation (especially commercial and military plane orders) are so large and volatile, the overall results are nearly useless.
For example: In June, new orders were up 22.5% with transportation orders up 73.3%. Nondefense aircraft and parts orders were up a whopping 315.6%. Last month, nondefense aircraft and parts was down 74% and this month another 16%.
Instead of focusing on the headline numbers, let's dive into the report to isolate key components.
The report itemizes all the categories, but it's not easy to scroll through. This table I put together should help.
Line items (except the last line which shows shipments) are new orders, in millions of dollars, seasonally adjusted.