Shipments of manufactured durable goods increase 0.8% in March
03 May '07
3 min read
Shipments: Shipments of manufactured durable goods in March, up following two consecutive monthly decreases, increased $1.7 billion or 0.8 percent to $207.8 billion, unchanged from the previously published increase. This followed a 1.4 percent February decrease.
Transportation equipment, up following two consecutive monthly decreases, had the largest increase, $1.3 billion or 2.3 percent to $55.6 billion. Shipments of manufactured nondurable goods, up four of the last five months, increased $4.2 billion or 2.3 percent to $185.0 billion. This was led by petroleum and coal products, which increased $3.6 billion or 11.0 percent to $36.0 billion.
Unfilled Orders: Unfilled orders for manufactured durable goods in March, up twenty-two of the last twenty-three months, increased $12.9 billion or 1.8 percent to $717.3 billion, unchanged from the previously published increase. This was at the highest level since the series began and followed a 1.1 percent February increase. Transportation equipment, up thirteen of the last fourteen months, had the largest increase, $10.3 billion or 2.7 percent to $395.5 billion.
Inventories: Inventories of manufactured durable goods in March, up thirteen consecutive months, increased $0.6 billion or 0.2 percent to $298.5 billion, revised from the previously published 0.3 percent increase. This followed a 0.1 percent February increase. Transportation equipment, up six of the last seven months, had the largest increase, $0.6 billion or 0.9 percent to $69.8 billion.
Inventories of manufactured nondurable goods, up following three consecutive monthly decreases, increased $0.3 billion or 0.2 percent to $185.5 billion. This was due to petroleum and coal products, which increased $0.6 billion or 2.0 percent to $28.0 billion.
By stage of fabrication, March materials and supplies decreased 0.1 percent in durable goods and increased 0.1 percent in nondurable goods. Work in process increased 0.1 percent in durable goods and 0.3 percent in nondurable goods. Finished goods increased 0.6 percent in durable goods and 0.2 percent in nondurable goods.
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