Research >> Economics
New Orders for Durable Goods Increased 0.5%, ex-trans up 0.9%
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New orders for manufactured durable goods in February increased $0.9 billion or 0.5 percent to $178.1 billion, the U.S. Census Bureau announced today. This was the third consecutive monthly increase and followed a 3.9 percent January increase. Excluding transportation, new orders increased 0.9 percent. Excluding defense, new orders increased 1.6 percent. Machinery, up three of the last four months, had the largest increase, $1.1 billion or 4.7 percent to $23.3 billion.
Shipments of manufactured durable goods in February, down two consecutive months, decreased $1.0 billion or 0.6 percent to $179.8 billion. This followed a 0.1 percent January decrease. Transportation equipment, also down two consecutive months, had the largest decrease, $1.5 billion or 3.4 percent to $43.8 billion.
Unfilled orders for manufactured durable goods in February, up two consecutive months, increased $2.9 billion or 0.4 percent to $722.1 billion. This followed a 0.2 percent January increase. Transportation equipment, also up two consecutive months, had the largest increase, $2.2 billion or 0.5 percent to $413.2 billion.
Inventories of manufactured durable goods in February, up two consecutive months, increased $1.0 billion or 0.3 percent to $303.9 billion. This followed a 0.1 percent January increase. Primary metals, up four consecutive months, had the largest increase,
Posted: March 24, 2010 Wednesday 08:30 AM