Research >> Economics
New Orders for Durable Goods Decreased 0.9%, ex-trans down 0.6%
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New orders for manufactured durable goods in February decreased $1.9 billion or 0.9 percent to $200.0 billion, the U.S. Census Bureau announced today. This decrease, down four of the last five months, followed a 3.6 percent January increase. Excluding transportation, new orders decreased 0.6 percent. Excluding defense, new orders increased 0.4 percent. Machinery, down two consecutive months, had the largest decrease, $1.2 billion or 4.2 percent to $26.6 billion.
Shipments of manufactured durable goods in February, up five of the last six months, increased $0.7 billion or 0.3 percent to $203.2 billion. This followed a 0.2 percent January increase. Machinery, up three of the last four months, had the largest increase, $0.7 billion or 2.6 percent to $26.1 billion.
Unfilled orders for manufactured durable goods in February, up ten of the last eleven months, increased $2.9 billion or 0.4 percent to $833.7 billion. This followed a 0.7 percent January increase. Transportation equipment, up two consecutive months, had the largest increase, $1.1 billion or 0.2 percent to $477.3 billion.
Inventories of manufactured durable goods in February, up fourteen consecutive months, increased $2.9 billion or 0.9 percent to $328.3 billion. This followed a 0.9 percent January increase. Transportation equipment, also up fourteen consecutive months, had the largest increase, $0.8 billion or 0.9 percent to $87.8 billion.
Posted: March 24, 2011 Thursday 08:30 AM