Research >> Economics
New Orders for Durable Goods Decreased 1.1%, ex-trans up 0.9%
|
New orders for manufactured durable goods in May decreased $2.2 billion or 1.1 percent to $192.0 billion, the U.S. Census Bureau announced today. This decrease followed five consecutive monthly increases including a 3.0 percent April increase. Excluding transportation, new orders increased 0.9 percent. Excluding defense, new orders decreased 1.1 percent. Transportation equipment, down three of the last four months, had the largest decrease, $3.5 billion or 6.9 percent to $46.9 billion. This was led by nondefense aircraft and parts which decreased $3.0 billion.
Shipments of manufactured durable goods in May, down following two consecutive monthly increases, decreased $0.8 billion or 0.4 percent to $196.0 billion. This followed a 1.8 percent April increase. Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $1.3 billion or 2.8 percent to $47.1 billion.
Unfilled orders for manufactured durable goods in May, up four of the last five months, increased $1.4 billion or 0.2 percent to $802.8 billion. This followed a 0.4 percent April increase. Machinery, up six of the last seven months, had the largest increase, $1.5 billion or 1.7 percent to $93.1 billion.
Inventories of manufactured durable goods in May, up five consecutive months, increased $2.5 billion or 0.8 percent to $304.4 billion. This followed a 0.8 percent April increase. Primary metals, up seven consecutive months, had the largest increase, $0.9 billion or 3.0 percent to $30.7 billion.
Posted: June 24, 2010 Thursday 08:30 AM