Research >> Economics
New Orders for Durable Goods Increased 3.7%, Ex-Trans Down 0.1%
|
New orders for manufactured durable goods in September increased $8.2 billion or 3.7 percent to $233.4 billion, the U.S. Census Bureau announced today. This increase, up five of the last six months, followed a 0.2 percent August increase. Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders increased 3.2 percent. Transportation equipment, also up five of the last six months, drove the increase, $8.4 billion or 12.3 percent to $77.0 billion. This was led by nondefense aircraft and parts, which increased $6.9 billion.
Shipments of manufactured durable goods in September, up two consecutive months, increased $0.5 billion or 0.2 percent to $231.8 billion. This was at the highest level since the series was first published on a NAICS basis in 1992, and followed a 0.8 percent August increase. Primary metals, up five of the last six months, led the increase, $0.2 billion or 0.8 percent to $25.8 billion.
Unfilled orders for manufactured durable goods in September, up seven of the last eight months, increased $8.6 billion or 0.8 percent to $1,041.2 billion. This was at the highest level since the series was first published on a NAICS basis, and followed a 0.1 percent August increase. Transportation equipment, up following two consecutive monthly decreases, led the increase, $7.3 billion or 1.1 percent to $642.1 billion.
Inventories of manufactured durable goods in September, up five of the last six months, increased $3.3 billion or 0.9 percent to $382.7 billion. This was at the highest level since the series was first published on a NAICS basis, and followed a 0.1 percent August increase. Transportation equipment, up sixteen of the last seventeen months, led the increase, $1.8 billion or 1.5 percent to $119.0 billion.
Nondefense new orders for capital goods in September increased $5.2 billion or 6.9 percent to $80.7 billion. Shipments increased $0.3 billion or 0.4 percent to $74.0 billion. Unfilled orders increased $6.7 billion or 1.1 percent to $616.7 billion. Inventories increased $1.4 billion or 0.8 percent to $173.6 billion. Defense new orders for capital goods in September increased $1.2 billion or 13.4 percent to $9.8 billion. Shipments decreased $0.6 billion or 6.0 percent to $9.6 billion. Unfilled orders increased $0.1 billion or 0.1 percent to $167.8 billion. Inventories increased $0.8 billion or 3.8 percent to $23.0 billion.
Due to the lapse in funding, seasonally adjusted August figures for all manufacturing industries were not released on October 3, 2013. Though a statement of revisions to these figures will not be available until a combined August/September Full Report is released on November 4, 2013, seasonally adjusted August figures
Posted: October 25, 2013 Friday 08:30 AM