Research >> Economics
New orders for durable goods increased 3.0%, ex-trans Down 0.6%
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New orders for manufactured durable goods in January increased $5.2 billion or 3.0 percent to $175.7 billion, the U.S. Census Bureau announced today. This was the second consecutive monthly increase and followed a 1.9 percent December increase. Excluding transportation, new orders decreased 0.6 percent. Excluding defense, new orders increased 1.6 percent. Transportation equipment, up four of the last five months, had the largest increase, $6.0 billion or 15.6 percent to $44.8 billion. This was led by nondefense aircraft and parts, which increased $4.0 billion.
Shipments of manufactured durable goods in January, down following four consecutive monthly increases, decreased $0.3 billion or 0.2 percent to $180.7 billion. This followed a 2.4 percent December increase. Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $1.6 billion or 3.5 percent to $44.6 billion.
Unfilled orders for manufactured durable goods in January, up following a record fifteen consecutive monthly decreases, increased $0.4 billion or 0.1 percent to $718.1 billion. This followed a 0.9 percent December decrease. Primary metals, up seven of the last eight months, had the largest increase, $0.5 billion or 3.2 percent to $16.1 billion.
Inventories of manufactured durable goods in January, down thirteen consecutive months, decreased $0.1 billion to $302.6 billion. This followed a 0.2 percent December decrease. Computers and electronic products, down twelve of the last thirteen months, had the largest decrease, $0.5 billion or 1.2 percent to $42.9 billion.
Posted: February 25, 2010 Thursday 08:30 AM