Research >> Economics
New Orders for Durable Goods Decreased 1.3%, ex-trans Up 2.0%
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New orders for manufactured durable goods in August decreased $2.5 billion or 1.3 percent to $191.2 billion, the U.S. Census Bureau announced today. Down three of the last four months, this decrease followed a 0.7 percent July increase. Excluding transportation, new orders increased 2.0 percent. Excluding defense, new orders decreased 1.2 percent. Transportation equipment, also down three of the last four months, had the largest decrease, $5.3 billion or 10.3 percent to $46.6 billion. This was due to nondefense aircraft and parts, which decreased $3.6 billion.
Shipments of manufactured durable goods in August, down following two consecutive monthly increases, decreased $3.1 billion or 1.5 percent to $197.9 billion. This followed a 2.5 percent July increase. Transportation equipment, also down following two consecutive monthly increases, had the largest decrease, $3.1 billion or 5.9 percent to $49.5 billion.
Unfilled orders for manufactured durable goods in August, down two consecutive months, decreased $0.8 billion or 0.1 percent to $802.4 billion. This followed a 0.1 percent July decrease. Transportation equipment, down four consecutive months, had the largest decrease, $3.0 billion or 0.6 percent to $473.1 billion.
Inventories of manufactured durable goods in August, up eight consecutive months, increased $1.3 billion or 0.4 percent to $312.4 billion. This followed a 0.6 percent July increase. Transportation equipment, also up eight consecutive months, had the largest increase, $0.6 billion or 0.7 percent to $80.9 billion.
Posted: September 24, 2010 Friday 08:30 AM