New orders for manufactured durable goods in February decreased 2.8 percent to $229.4 billion, according to the U.S. Census Bureau. This decrease, down three of the last four months, followed a 4.2 percent January increase. Excluding transportation, new orders decreased 1 percent. Excluding defense, new orders decreased 1.9 percent.
Transportation equipment, also down three of the last four months, led the decrease, falling 6.2 percent to $74.2 billion.
Shipments of manufactured durable goods in February, down two of the last three months, decreased 0.9 percent to $238.3 billion. This followed a 1.5 percent January increase.
Transportation equipment, also down two of the last three months, led the decrease, falling 1.2 percent to $79.0 billion.
Unfilled orders for manufactured durable goods in February, down two of the last three months, decreased 0.4 percent to $1,183.7 billion. This followed a virtually unchanged January increase.
Transportation equipment, down three consecutive months, drove the decrease, falling 0.6 percent to $789.1 billion.
Inventories of manufactured durable goods in February, down seven of the last eight months, decreased 0.3 percent to $394.3 billion. This followed a 0.2 percent January decrease.
Primary metals, down 13 consecutive months led the decrease, falling 1.2 percent to $33.2 billion.
Nondefense new orders for capital goods in February decreased 7.5 percent to $72.7 billion. Shipments decreased 2.5 percent to $75.4 billion. Unfilled orders decreased 0.4 percent to $742 billion. Inventories decreased 0.1 percent to $174.7 billion.
Defense new orders for capital goods in February decreased 25.6 percent to $7.5 billion. Shipments decreased 0.2 percent to $9.7 billion. Unfilled orders decreased 1.5 percent to $148.6 billion. Inventories decreased 2.4 percent to $21.7 billion.
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