Durable goods orders fell 2.1 percent in April, dragged down by declines in transportation equipment.
Orders totalled $248.4 billion, down from an adjusted $253.8 billion in March, according to a monthly report by the U.S. Commerce Department. Orders have slid two of the past three months.
Excluding transportation, orders were almost the same as the month before. Excluding defense, new orders slipped 2.5 percent.
Transportation orders totalled $85.4 billion in April, down 5.9 percent from March.
The major components within the transportation sector all fell.
Orders for commercial aircraft and parts plunged 25 percent in April to $9.2 billion while defense aircraft declined 2.4 percent to $5.46 billion. Orders for motorized vehicles and parts slid 3.4 percent to $60 billion.
Sales Cool Off
U.S. light-vehicle deliveries are slowing after four straight years of annual sales of 17 million vehicles or more. Both General Motors Co. and Ford Motor Co. have cut jobs. The two are also ending production of sedans to concentrate on pickup trucks, sport-utility vehicles and crossovers.
Boeing Co. is dealing with the grounding of its 737 Max aircraft, which were involved in two fatal crashes that killed a combined 346 people. The company is preparing a software fix as it seeks regulatory approval to return the planes to the sky.
Among other categories for durable goods, orders for fabricated metal products rose 0.4 percent to $33.3 billion. Orders for machinery increased 0.1 percent to $32.6 billion. Orders for primary metals slid 0.8 percent to $20.9 billion.