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Petroleum products shipments decrease in Feb

03 Apr '08
3 min read

Shipments of manufactured nondurable goods, down two of the last three months, decreased $3.2 billion or 1.5 percent to $212.1 billion. This followed a slight January increase. This decrease was led by petroleum products, which decreased $1.2 billion or 2.4 percent to $50.0 billion.

Unfilled Orders:
Unfilled orders for manufactured durable goods in February, up thirty-three of the last thirty-four months, increased $7.5 billion or 0.9 percent to $822.4 billion, revised from the previously published 0.8 percent increase.

This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.8 percent January increase. Transportation equipment, up twenty-eight of the last twenty-nine months, had the largest increase, $7.7 billion or 1.6 percent to $486.3 billion.

Inventories:
Inventories of manufactured durable goods in February, up seven of the last eight months, increased $1.6 billion or 0.5 percent to $323.6 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 0.5 percent January increase.

Transportation equipment, up thirteen of the last fourteen months, had the largest increase, $0.9 billion or 1.1 percent to $83.9 billion.

Inventories of manufactured nondurable goods, up five of the last six months, increased $1.3 billion or 0.6 percent to $214.7 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 2.4 percent January increase.

Petroleum products led the increase, up $0.7 billion or 1.8 percent to $41.0 billion. By stage of fabrication, February materials and supplies increased 0.4 percent in durable goods and decreased 0.5 percent in nondurable goods. Work in process increased 1.1 percent in durable goods and 3.0 percent in nondurable goods. Finished goods decreased 0.2 percent in durable goods and increased 0.4 percent in nondurable goods.

U.S. Department of Commerce

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