New orders for manufactured durable goods was down 0.1 percent in September at $227.3 billion, according to the U.S. Census Bureau. This decrease, down following two consecutive monthly increases, followed a 0.3 percent August increase. Excluding transportation, new orders increased 0.2 percent. Excluding defense, new orders increased 0.7 percent.
Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $0.6 billion or 0.8 percent to $77.5 billion.
Shipments of manufactured durable goods in September, up three of the last four months, increased $2 billion or 0.8 percent to $234.5 billion. This followed a virtually unchanged August decrease.
Transportation equipment, up following two consecutive monthly decreases, led the increase, $1.8 billion or 2.3 percent to $82.1 billion.
Unfilled orders for manufactured durable goods in September, down four consecutive months, decreased $3.9 billion or 0.4 percent to $1,119.3 billion. This followed a 0.1 percent August decrease.
Transportation equipment, also down four consecutive months, drove the decrease, $4.6 billion or 0.6 percent to $764.2 billion.
Inventories of manufactured durable goods in September, up three consecutive months, increased $0.5 billion or 0.1 percent to $384 billion. This followed a 0.1 percent August increase.
Machinery, up three of the last four months, led the increase, $0.3 billion or 0.5 percent to $66 billion.
Nondefense new orders for capital goods in September increased $1 billion or 1.5 percent to $68.2 billion. Shipments increased $1.5 billion or 2.2 percent to $71.8 billion. Unfilled orders decreased $3.6 billion or 0.5 percent to $692.8 billion. Inventories increased $0.5 billion or 0.3 percent to $170.4 billion.
Defense new orders for capital goods in September decreased $0.9 billion or 7.7 percent to $11.3 billion. Shipments increased $0.1 billion or 0.8 percent to $10.4 billion. Unfilled orders increased $0.9 billion or 0.6 percent to $138.5 billion. Inventories decreased less than $0.1 billion or 0.2 percent to $20.8 billion.
Revised seasonally adjusted August figures for all manufacturing industries were: new orders, $453.4 billion (revised from $453.1 billion); shipments, $458.4 billion (revised from $458.1 billion); unfilled orders, $1,123.2 billion (virtually unchanged); and total inventories, $621.6 billion (revised from $622 billion).
For more detail, download the PDF below.
