EconoIndicators

Durable Goods At a Glance

• New Orders: $212.8 billion
• New Orders Change: Down 5.3%
• Shipments Change: Up 1.8%%
• Unfilled Orders Change: Up 0.6%
• Inventory Change: up 0.6%
• Nondefense Capital Goods Change: Down 8.1%

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 January decreased $12.0 billion or 5.3 percent to $212.8 billion, the U.S. Census Bureau announced today. 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.
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.
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.
Inventories

Inventories of manufactured durable goods in January, up six of the last seven months, increased $2.0 billion or 0.6 percent to $322.3 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.1 percent December increase.
Capital Goods Industries

Nondefense

Nondefense new orders for capital goods in January decreased $6.6 billion or 8.1 percent to $74.6 billion.

Defense

Defense new orders for capital goods in January decreased $2.3 billion or 19.9 percent to $9.3 billion.

Durable Goods Orders (Advance) - January 2008

Source: Commerce Department, Census Bureau