New orders for manufactured durable goods in September increased 3.7 percent to $233.4 billion, according to the U.S. Census Bureau. This increase, up five of the last six months, followed a 0.2 percent August increase.
Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders increased 3.2 percent. Transportation equipment, also up five of the last six months, drove the increase, $8.4 billion or 12.3 percent to $77.0 billion. This was led by nondefense aircraft and parts, which increased $6.9 billion.
Shipments of manufactured durable goods in September, up two consecutive months, increased 0.2 percent to $231.8 billion. This was at the highest level since the series was first published on a NAICS basis in 1992, and followed a 0.8 percent August increase. Primary metals, up five of the last six months, led the increase, up 0.8 percent to $25.8 billion.
Unfilled orders for manufactured durable goods in September, up seven of the last eight months, increased 0.8 percent to $1,041.2 billion. This was at the highest level since the series was first published on a NAICS basis, and followed a 0.1 percent August increase. Transportation equipment, up following two consecutive monthly decreases, led the increase, up 1.1 percent to $642.1 billion.
Inventories of manufactured durable goods in September, up five of the last six months, increased 0.9 percent to $382.7 billion. This was at the highest level since the series was first published on a NAICS basis, and followed a 0.1 percent August increase. Transportation equipment, up sixteen of the last seventeen months, led the increase, up 1.5 percent to $119 billion.
Nondefense new orders for capital goods in September increased 6.9 percent to $80.7 billion. Shipments increased 0.4 percent to $74 billion. Unfilled orders increased 1.1 percent to $616.7 billion. Inventories increased 0.8 percent to $173.6 billion. Defense new orders for capital goods in September increased 13.4 percent to $9.8 billion. Shipments decreased 6 percent to $9.6 billion. Unfilled orders increased 0.1 percent to $167.8 billion. Inventories increased 3.8 percent to $23 billion.
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