Advance Report: New Orders for Manufactured Durable Goods Fell in February - Modern Distribution Management

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Advance Report: New Orders for Manufactured Durable Goods Fell in February

The decrease follows a 0.1% January increase.
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New orders for manufactured durable goods in February decreased $4.2 billion or 1.6% to $250.6 billion, according to the U.S. Census Bureau’s advance report. This decrease, down following three consecutive monthly increases, followed a 0.1% January increase. Excluding transportation, new orders increased 0.1%. Excluding defense, new orders decreased 1.9%. Transportation equipment, also down following three consecutive monthly increases, drove the decrease, $4.3 billion or 4.8% to $86 billion. 

Shipments of manufactured durable goods in February, up three of the last four months, increased $0.5 billion or 0.2% to $258.6 billion. This followed a 0.4% January decrease. Computers and electronic products, up four of the last five months, led the increase, $0.3 billion or 1.1% to $28 billion. 

Unfilled orders for manufactured durable goods in February, down four of the last five months, decreased $3.6 billion or 0.3% to $1,177.6 billion. This followed a 0.1% January increase. Transportation equipment, also down four of the last five months, drove the decrease, $3.8 billion or 0.5% to $807.2 billion. 

Inventories of manufactured durable goods in February, up twenty‐five of the last twenty‐six months, increased $1.3 billion or 0.3% to $418.9 billion. This followed a 0.5% January increase. Transportation equipment, up five of the last six months, drove the increase, $1.3 billion or 1% to $134.1 billion. 

Revised seasonally adjusted January figures for all manufacturing industries were: new orders, $499.9 billion (revised from $500.5 billion); shipments, $503.2 billion (revised from $503.1 billion); unfilled orders, $1,181.3 billion (revised from $1,181.9 billion) and total inventories, $686.1 billion (revised from $685.7 billion). 

 

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