New orders for manufactured durable goods in fall in Jan
28 Feb '08
3 min read
U.S. Census Bureau announces Advance report on durable goods manufacturers' shipments, Inventories and Orders January 2008.
New Orders: New orders for manufactured durable goods in January decreased $12.0 billion or 5.3 percent to $212.8 billion, the U.S. Census Bureau announced. This decrease followed two consecutive monthly increases including a 4.4 percent December increase. Excluding transportation, new orders decreased 1.6 percent.
Excluding defense, new orders decreased 4.7 percent. Transportation equipment, down following three consecutive monthly increases, had the largest decrease, $9.5 billion or 13.4 percent to $61.2 billion. This was led by nondefense aircraft and parts, which decreased $6.5 billion.
Shipments: Shipments of manufactured durable goods in January, up following two consecutive monthly decreases, increased $3.8 billion or 1.8 percent to $215.5 billion. This followed a 0.4 percent December decrease. Computers and electronic products, up three of the last four months, had the largest increase, $2.4 billion or 7.1 percent to $36.1 billion.
Unfilled Orders: Unfilled orders for manufactured durable goods in January, up thirty-two of the last thirty-three months, increased $5.2 billion or 0.6 percent to $813.2 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 2.5 percent December increase.
Transportation equipment, up twenty-seven of the last twenty-eight months, had the largest increase, $4.0