New orders for manufactured durable goods in January increased 4.9 percent to $237.5 billion, according to the U.S. Census Bureau. This increase, up following two consecutive monthly decreases, followed a 4.6 percent December decrease. Excluding transportation, new orders increased 1.8 percent. Excluding defense, new orders increased 4.5 percent.
Transportation equipment, also up following two consecutive monthly decreases, led the increase, up 11.5 percent to $79.7 billion.
Shipments of manufactured durable goods in January, up two of the last three months, increased 1.9 percent to $241.9 billion. This followed a 1.6 percent December decrease.
Transportation equipment, also up two of the last three months, led the increase, up 5.7 percent to $80 billion.
Unfilled orders for manufactured durable goods in January, up three of the last four months, increased 0.1 percent to $1,187.7 billion. This followed a 0.5 percent December decrease.
Computers and electronic products, up twenty-five consecutive months, drove the increase, up 0.5 percent to $137.2 billion.
Inventories of manufactured durable goods in January, down six of the last seven months, decreased 0.1 percent to $396.3 billion. This followed a 0.2 percent December increase.
Primary metals, down twelve consecutive months drove the decrease, down 2 percent to $33.8 billion.
Nondefense new orders for capital goods in January increased 21.6 percent to $79.2 billion. Shipments increased 3.9 percent to $78.3 billion. Unfilled orders increased 0.1 percent to $743.9 billion. Inventories decreased 0.1 percent to $175.4 billion.
Defense new orders for capital goods in January increased 11.9 percent to $10.2 billion. Shipments decreased 4.8 percent to $9.6 billion. Unfilled orders increased 0.4 percent to $151.1 billion. Inventories increased 4.6 percent to $22.3 billion.
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