Advance: February Durable Goods Orders Decelerate to Still-Solid Gain - Modern Distribution Management

Advance: February Durable Goods Orders Decelerate to Still-Solid Gain

February's figure considerably outperformed economists' forecast of a decline.
Machine-Building Plant, assembly shop, selective focus

U.S. monthly manufactured durable goods increased $2.7 billion or 0.9% in February from January, according to an advance report from the U.S. Census Bureau.

Released March 26, the report showed that February orders increased to $289.3 billion. This followed a 3.3% increase in January. Orders had declined month-to-month in four out of the six of the previous months.

Economists polled by The Wall Street Journal had forecast a 1.0% decline in February durable goods orders.

Get Our 1Q25 MDM Forecast Report (Premium access here) 

The February increase was driven by transportation equipment — up two consecutive months — which was up 1.5% vs. January. Excluding transportation, new orders increased 0.7% compared to January. Excluding defense, new orders increased 0.8%.

Capital goods decreased 1.5% month-to-month

Shipment of manufactured goods — up three consecutive months — increased 1.2% to $292.3 billion month-to-month. This followed a January increase of 0.4%.

MDM’s SHIFT Conference Coming May 13-15 – Register Here 

Unfilled orders for durable goods in February — up seven of the last eight months — increased 0.1% to $1.4 trillion month-to-month. This followed a January increase of 0.2%.

February’s inventories for durable goods — up four consecutive months — increased 0.1% to $533.2 billion month-to-month. This followed a 0.1% increase in January.

Durable Goods New Orders: Month-to-Month Percentage Change


source: tradingeconomics.com

The Bureau will issue its final report for February durable goods orders on April 2.

MDM’s 2025 Top Distributors Survey is Open. Submit Your Company Info Here 

Here is how monthly new orders and shipments of different durable goods product categories fare in February, seasonally adjusted, according to the Census Bureau’s advance data:

Primary Metals

  • Shipments: +1.5%
  • New Orders: +1.2%

Fabricated Metal Products

  • Shipments: +0.6%
  • New Orders: +0.9%

Machinery

  • Shipments: -0.3%
  • New Orders: +0.2%

Computers and Electronic Products

  • Shipments: +0.6%
  • New Orders: +0.2%

Electrical Equipment, Appliances and Components

  • Shipments: +0.7%
  • New Orders: +2.0%

Transportation Equipment

  • Shipments: +2.0%
  • New Orders: +1.5%

All Other Durable Goods

  • Shipments: +0.4%
  • New Orders: +0.5%

Capital Goods

  • Shipments: +0.4%
  • New Orders: -1.5%

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

Name(Required)
This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!