Research >> Economics
New Orders for Durable Goods Increased 2.9%, ex-trans down 1.0%
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New orders for manufactured durable goods in April increased $5.6 billion or 2.9 percent to $193.9 billion, the U.S. Census Bureau announced today. This was the fourth increase in the last five months and followed a slight March decrease. Excluding transportation, new orders decreased 1.0 percent. Excluding defense, new orders increased 3.4 percent. Transportation equipment, up following two consecutive monthly decreases, had the largest increase, $7.0 billion or 16.1 percent to $50.7 billion. This was due to nondefense aircraft and parts which increased $7.3 billion.
Shipments of manufactured durable goods in April, up two consecutive months, increased $2.7 billion or 1.4 percent to $196.0 billion. This followed a 2.1 percent March increase. Computers and electronic products, up following two consecutive monthly decreases, had the largest increase, $2.5 billion or 8.1 percent to $33.4 billion.
Unfilled orders for manufactured durable goods in April, up three of the last four months, increased $3.5 billion or 0.4 percent to $801.3 billion. This followed a 0.1 percent March decrease. Transportation equipment, also up three of the last four months, had the largest increase, $2.3 billion or 0.5 percent to $480.2 billion.
Inventories of manufactured durable goods in April, up four consecutive months, increased $1.9 billion or 0.7 percent to $301.4 billion. This followed a 0.6 percent March increase. Primary metals, up six consecutive months, had the largest increase, $1.2 billion or 4.2 percent to $29.9 billion.
Posted: May 26, 2010 Wednesday 08:00 AM