Durable goods orders declined 2.5% in June, but orders excluding transportation equipment increased 1.1%, the Commerce Department said Wednesday.
The decrease was larger than economists’ forecasts of 0.6%, Bloomberg reported. May’s gain was originally reported as 1.8% and revised to 1.3%.
Excluding transportation orders, bookings for goods meant to last several years rose 1.1%, following a 0.8% rise last month.
Automobile orders fell 1% after a 8.7% drop in May.
Durable goods include large items such as refrigerators and air conditioners. Trucking is a major beneficiary of durable goods manufacturing, hauling both components and finished goods.
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