Durable goods orders declined 0.1% in August as demand for automobiles and parts dropped, the Commerce Department said Wednesday.
The slight decrease followed a 4.1% gain in July, Commerce said.
Economists had expected a 0.2% decrease in August, Bloomberg reported.
Excluding volatile transportation orders, bookings for goods meant to last several years declined 0.1%, Commerce said.
Demand for automobiles and parts decreased 8.5%, the largest decline since February 2010.
Durable goods include large items like refrigerators and air conditioners. Trucking is a major beneficiary of durable goods manufacturing, hauling both components and finished goods.
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