Research >> Economics
September New Orders for Durable Goods increased 2.2%, Ex-Trans up 0.7%
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New Orders
New orders for manufactured durable goods in September increased $5.1 billion or 2.2 percent to $238.7 billion, the U.S. Census Bureau announced today. This increase, up three of the last four months, followed a 2.0 percent August increase. Excluding transportation, new orders increased 0.7 percent. Excluding defense, new orders increased 2.0 percent. Transportation equipment, also up three of the last four months, led the increase, $4.0 billion or 5.1 percent to $81.2 billion.
Shipments
Shipments of manufactured durable goods in September, up four of the last five months, increased $2.4 billion or 1.0 percent to $240.5 billion. This followed a 0.7 percent August increase. Transportation equipment, up two of the last three months, led the increase, $1.1 billion or 1.4 percent to $79.7 billion.
Unfilled Orders
Unfilled orders for manufactured durable goods in September, up following two consecutive monthly decreases, increased $2.8 billion or 0.2 percent to $1,135.1 billion. This followed a virtually unchanged August decrease. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $1.5 billion or 0.2 percent to $772.1 billion.
Inventories
Inventories of manufactured durable goods in September, up fourteen of the last fifteen months, increased $2.4 billion or 0.6 percent to $403.6 billion. This followed a 0.5 percent August increase. Transportation equipment, up three consecutive months, led the increase, $0.8 billion or 0.7 percent to $130.8 billion.
Capital Goods
Nondefense new orders for capital goods in September increased $4.3 billion or 6.1 percent to $74.9 billion. Shipments increased $1.7 billion or 2.4 percent to $73.5 billion. Unfilled orders increased $1.3 billion or 0.2 percent to $704.8 billion. Inventories increased $1.4 billion or 0.8 percent to $179.9 billion. Defense new orders for capital goods in September increased $0.5 billion or 4.1 percent to $11.5 billion. Shipments increased $0.2 billion or 1.7 percent to $10.6 billion. Unfilled orders increased $0.9 billion or 0.7 percent to $143.9 billion. Inventories decreased $0.1 billion or 0.3 percent to $23.4 billion.
Revised August Data
Revised seasonally adjusted August figures for all manufacturing industries were: new orders, $471.8 billion (revised from $471.7 billion); shipments, $476.3 billion (revised from $475.9 billion); unfilled orders, $1,132.3 billion (revised from $1,132.6 billion) and total inventories, $655.9 billion (revised from $655.6 billion).
Posted: October 25, 2017 Wednesday 08:30 AM