Research >> Economics
New Orders for Durable Goods Increased 3.3%, ex-trans down 0.8%
|
New orders for manufactured durable goods in September increased $6.3 billion or 3.3 percent to $199.2 billion, the U.S. Census Bureau announced today. Up two of the last three months, this increase followed a 1.0 percent August decrease. Excluding transportation, new orders decreased 0.8 percent. Excluding defense, new orders increased 2.9 percent. Transportation equipment, also up two of the last three months, had the largest increase, $7.4 billion or 15.7 percent to $54.8 billion. This was due to nondefense aircraft and parts, which increased $6.6 billion.
Shipments of manufactured durable goods in September, down two consecutive months, decreased $0.9 billion or 0.4 percent to $197.4 billion. This followed a 1.4 percent August decrease. Computers and electronic products, down four of the last five months, had the largest decrease, $0.8 billion or 2.3 percent to $33.4 billion.
Unfilled orders for manufactured durable goods in September, up six consecutive months, increased $7.9 billion or 1.0 percent to $813.2 billion. This followed a 0.1 percent August increase. Transportation equipment, up following four consecutive monthly decreases, had the largest increase, $5.8 billion or 1.2 percent to $480.0 billion.
Inventories of manufactured durable goods in September, up nine consecutive months, increased $1.7 billion or 0.5 percent to $314.7 billion. This followed a 0.6 percent August increase. Transportation equipment, also up nine consecutive months, had the largest increase, $1.2 billion or 1.5 percent to $82.7 billion.
Posted: October 27, 2010 Wednesday 08:30 AM