Orders for Manufactured Technology Goods Down 0.1% in August - Modern Distribution Management

Log In

Orders for Manufactured Technology Goods Down 0.1% in August

Inventories were virtually unchanged during the month.
Author
Date

New orders for manufactured goods in August, down following two consecutive monthly increases, decreased $0.4 billion or 0.1% to $499.8 billion, according to the U.S. Census Bureau. This followed a 1.4% July increase. Shipments, down two consecutive months, decreased $0.7 billion or 0.1% to $503 billion. This followed a 0.3% July decrease. Unfilled orders, up two consecutive months, increased $1.1 billion or 0.1% to $1,162.9 billion. This followed a 0.1% July increase. The unfilled orders‐to‐shipments ratio was 6.66, down from 6.67 in July. Inventories, down following eight consecutive monthly increases, decreased $0.3 billion or virtually unchanged to $695.9 billion. This followed a 0.1% July increase. The inventories‐to‐shipments ratio was 1.38, unchanged from July. 

New orders for manufactured durable goods in August, up three consecutive months, increased $0.4 billion or 0.2% to $250.7 billion, unchanged from the previously published increase. This followed a 2.1% July increase. Fabricated metal products, up four of the last five months, drove the increase, $0.4 billion or 1.2% to $34.3 billion. New orders for manufactured nondurable goods decreased $0.8 billion or 0.3% to $249 billion. 

Shipments of manufactured durable goods in August, up three of the last four months, increased $0.1 billion or 0.1% to $253.9 billion, unchanged from the previously published increase. This followed a 1.2% July decrease. Machinery, up four of the last five months, drove the increase, $0.5 billion or 1.6% to $33.4 billion. Shipments of manufactured nondurable goods, down three of the last four months, decreased $0.8 billion or 0.3% to $249 billion. This followed a 0.7% July increase. Petroleum and coal products, also down three of the last four months, drove the decrease, $1.9 billion or 3.6% to $51 billion. 

Inventories of manufactured durable goods in August, up thirteen of the last fourteen months, increased $1.1 billion or 0.2% to $428.3 billion, down from the previously published 0.3% increase. This followed a 0.4% July increase. Transportation equipment, also up thirteen of the last fourteen months, drove the increase, $1.7 billion or 1.2% to $143.2 billion. Inventories of manufactured nondurable goods, down five consecutive months, decreased $1.4 billion or 0.5% to $267.6 billion. This followed a 0.2% July decrease. Petroleum and coal products, down four consecutive months, led the decrease, $0.9 billion or 2.3% to $39.1 billion. By stage of fabrication, August materials and supplies decreased 0.2% in durable goods and increased 0.2% in nondurable goods. Work in process increased 0.6% in durable goods and decreased 1.6% in nondurable goods. Finished goods increased 0.3% in durable goods and decreased 0.6% in nondurable goods. 

 

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.

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!

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

  • This field is for validation purposes and should be left unchanged.