EconoIndicators

Durable Goods At a Glance

• New Orders: $214.5 billion
• New Orders Change: Down 0.9%
• Shipments Change: Up 0.6%
• Unfilled Orders Change: Up 1.0%
• Inventory Change: up 0.2%
• Nondefense Capital Goods Change: Down 3.1%

Technorati Tags: durable goods, manufacturers, orders, inventories

HIGHLIGHTS FROM THE ADVANCE REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES, AND ORDERS

New Orders

New orders for manufactured durable goods in October decreased $0.9 billion or 0.4 percent to $214.5 billion, the U.S. Census Bureau announced today. This was the third consecutive monthly decrease and followed a 1.4 percent September decrease. Excluding transportation, new orders decreased 0.7 percent. Excluding defense, new orders decreased 0.9 percent.
Shipments

Shipments of manufactured durable goods in October, up following two consecutive monthly decreases, increased $1.2 billion or 0.6 percent to $213.4 billion. This followed a 1.7 percent September decrease.
Unfilled Orders

Unfilled orders for manufactured durable goods in October, up twenty-nine of the last thirty months, increased $7.6 billion or 1.0 percent to $779.3 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.1 percent September increase.
Inventories

Inventories of manufactured durable goods in October, up three of the last four months, increased $0.8 billion or 0.2 percent to $314.3 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.3 percent September increase.
Capital Goods Industries

Nondefense

Nondefense new orders for capital goods in October decreased $2.3 billion or 3.1 percent to $72.5 billion.

Defense

Defense new orders for capital goods in October increased $1.3 billion or 16.1 percent to $9.3 billion.

Released November 28, 2007. This report presents advance information on two key business indicators: durable goods manufacturers’ shipments and orders. Revised and more detailed estimates plus nondurable goods will be published December 5, 2007. The advance report on durable goods for November is scheduled for release December 27, 2007.

Durable Goods Orders (Advance) - October 2007

Source: Commerce Department, Census Bureau