New orders for manufactured goods in August, down following two consecutive monthly increases, decreased 1.7 percent to $473 billion, according to the U.S. Census Bureau. This followed a 0.2 percent July increase.
Shipments, down four of the last five months, decreased 0.7 percent to $480.1 billion. This followed a 0.2 percent July decrease.
Unfilled orders, down following two consecutive monthly increases, decreased 0.2 percent to $1,195 billion. This followed a 0.2 percent July increase. The unfilled orders-to-shipments ratio was 6.87, down from 6.89 in July.
Inventories, down two consecutive months, decreased 0.3 percent to $648.4 billion. This followed a 0.3 percent July decrease. The inventories-to-shipments ratio was 1.35, up from 1.34 in July.
New orders for manufactured durable goods in August, down following two consecutive monthly increases, decreased 2.3 percent to $235.5 billion. This followed a 1.9 percent July increase.
Transportation equipment, also down following two consecutive monthly increases, led the decrease, down 6.2 percent to $78.3 billion.
New orders for manufactured nondurable goods decreased 1.1 percent to $237.5 billion.
Shipments of manufactured durable goods in August, down following two consecutive monthly increases, decreased 0.2 percent to $242.7 billion. This followed a 1 percent July increase. Transportation equipment, also down following two consecutive monthly increases, led the decrease, down 0.3 percent to $80.6 billion.
Shipments of manufactured nondurable goods, down two consecutive months, decreased 1.1 percent to $237.5 billion. This followed a 1.4 percent July decrease. Petroleum and coal products, also down two consecutive months, drove the decrease, down 5.6 percent to $45.8 billion.
Unfilled orders for manufactured durable goods in August, down following two consecutive monthly increases, decreased 0.2 percent to $1,195 billion, virtually unchanged from the previously published decrease. This followed a 0.2 percent July increase.
Transportation equipment, also down following two consecutive monthly increases, led the decrease, down 0.3 percent to $800.1 billion.
Inventories of manufactured durable goods in August, down three of the last four months, was virtually unchanged at $401.2 billion. This followed a 0.2 percent July decrease.
For the full report, download the PDF below.
