Research >> Economics
New Orders for Durable Goods Decreased 0.1%, Ex-Trans Down 0.1%
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New orders for manufactured durable goods in August decreased $0.2 billion or 0.1 percent to $201.8 billion, the U.S. Census Bureau announced today. This decrease, down two of the last three months, followed a 4.1 percent July increase. Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders decreased 0.1 percent. Primary metals, down following five consecutive monthly increases, had the largest decrease, $0.2 billion or 0.8 percent to $24.2 billion.
Shipments of manufactured durable goods in August, down following three consecutive monthly increases, decreased $0.4 billion or 0.2 percent to $201.0 billion. This followed a 2.1 percent July increase. Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $2.3 billion or 4.6 percent to $47.1 billion.
Unfilled orders for manufactured durable goods in August, up sixteen of the last seventeen months, increased $7.6 billion or 0.9 percent to $878.6 billion. This followed a 0.9 percent July increase. Transportation equipment, up eight consecutive months, had the largest increase, $6.0 billion or 1.2 percent to $507.6 billion.
Inventories of manufactured durable goods in August, up twenty consecutive months, increased $3.2 billion or 0.9 percent to $365.3 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 1.1 percent July increase. Transportation equipment, also up twenty consecutive months, had the largest increase, $1.4 billion or 1.3 percent to $112.3 billion.
Posted: September 28, 2011 Wednesday 08:30 AM