New orders for manufactured durable goods up in Dec 2007
05 Feb '08
4 min read
Shipments: Shipments of manufactured durable goods in December, down four of the last five months, decreased $0.4 billion or 0.2 percent to $212.0 billion, revised from the previously published 0.1 percent decrease. This followed a 0.4 percent November decrease. Transportation equipment, down four of the last five months, had the largest decrease, $0.9 billion or 1.5 percent to $55.8 billion.
Shipments of manufactured nondurable goods, down following three consecutive monthly increases, decreased $0.8 billion or 0.4 percent to $215.5 billion. This followed a 3.0 percent November increase. This decrease was due to petroleum and coal products, which decreased $1.2 billion or 2.3 percent to $51.9 billion.
Unfilled Orders: Unfilled orders for manufactured durable goods in December, up thirty-one of the last thirty-two months, increased $20.0 billion or 2.5 percent to $808.7 billion, unchanged from the previously published increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.2 percent November increase.
Transportation equipment, up twenty-six of the last twenty-seven months, had the largest increase, $15.7 billion or 3.4 percent to $475.0 billion.
Inventories: Inventories of manufactured durable goods in December, up five of the last six months, increased $3.3 billion or 1.0 percent to $320.2 billion, revised from the previously published 1.1 percent increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.7 percent November increase.
Transportation equipment, up eleven of the last twelve months, had the largest increase, $2.2 billion or 2.7 percent to $82.0 billion. Inventories of manufactured nondurable goods, up three of the last four months, increased $0.7 billion or 0.3 percent to $207.9 billion. This followed a 0.7 percent November increase. Petroleum and coal products led the increase, up $0.5 billion or 1.3 percent to $37.0 billion.
By stage of fabrication, December materials and supplies increased 0.4 percent in durable goods and increased slightly in nondurable goods. Work in process increased 1.6 percent in durable goods and 2.7 percent in nondurable goods. Finished goods increased 1.1 percent in durable goods and decreased 0.4 percent in nondurable goods.