New orders for manufactured durable goods in September decreased $1.5 billion or 0.8 percent to $200.3 billion, according to the advance report released by the U.S. Census Bureau. This decrease, down three of the last four months, followed a 0.1 percent August decrease.
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Excluding transportation, new orders increased 1.7 percent. Excluding defense, new orders decreased 1.1 percent. Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $4.0 billion or 7.5 percent to $49.6 billion.
Shipments of manufactured durable goods in September, down following four consecutive monthly increases, decreased $1.4 billion or 0.7 percent to $200.1 billion. This followed a 0.1 percent August increase. Transportation equipment, down two consecutive months, had the largest decrease, $1.3 billion or 2.7 percent to $45.6 billion.
Unfilled orders for manufactured durable goods in September, up seventeen of the last eighteen months, increased $6.9 billion or 0.8 percent to $885.3 billion. This followed a 0.8 percent August increase. Transportation equipment, up nine consecutive months, had the largest increase, $3.9 billion or 0.8 percent to $512.1 billion.
Inventories of manufactured durable goods in September, up twenty one consecutive months, increased $0.4 billion or 0.1 percent to $365.6 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.9 percent August increase. Transportation equipment, also up twenty one consecutive months, had the largest increase, $0.5 billion or 0.5 percent to $112.7 billion.
Nondefense new orders for capital goods in September decreased $1.8 billion or 2.3 percent to $76.0 billion. Shipments decreased $0.8 billion or 1.2 percent to $70.6 billion. Unfilled orders increased $5.4 billion or 1.0 percent to $521.9 billion. Inventories increased $0.3 billion or 0.2 percent to $167.1 billion. Defense new orders for capital goods in September increased $0.7 billion or 8.6 percent to $8.7 billion. Shipments increased slightly or 0.5 percent to $7.6 billion. Unfilled orders increased $1.2 billion or 0.8 percent to $153.0 billion. Inventories decreased $0.5 billion or 2.2 percent to $20.1 billion.
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