New orders for manufactured durable goods in October decreased $12.7 billion or 6.2% to $193.0 billion, the U.S. Census Bureau announced. This was the largest percentage decrease in new orders since October 2006 and followed two consecutive monthly decreases including a 0.2% September decrease. Excluding transportation, new orders decreased 4.4%. Excluding defense, new orders decreased 4.6%.
 
Shipments
Shipments of manufactured durable goods in October, down three consecutive months, decreased $5.0 billion or 2.4% to $202.9 billion. This followed a 0.2% September decrease.
 
Unfilled Orders
Unfilled orders for manufactured durable goods in October, down for the first time in 26 months, decreased $4.6 billion or 0.6% to $823.6 billion. This followed a 0.2% September increase.
 
Inventories
Inventories of manufactured durable goods in October, up 15 of the last 16 months, increased $1.4 billion or 0.4% to $341.1 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.2% September increase.
 
Capital Goods Industries
Nondefense
Nondefense new orders for capital goods in October decreased $2.4 billion or 3.6% to $65.6 billion.
 
Defense
Defense new orders for capital goods in October decreased $3.7 billion or 31.0% to $8.3 billion.