EconoIndicators

Durable Goods At a Glance

• New Orders: $210.6 billion
• New Orders Change: Down 1.7%
• Shipments Change: Down 2.8%
• Unfilled Orders Change: Up 0.8%
• Inventory Change: up 0.5%
• Nondefense Capital Goods Change: Down 1.0%

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 February decreased $3.6 billion or 1.7 percent to $210.6 billion, the U.S. Census Bureau announced today. This was the second consecutive monthly decrease and followed a 4.7 percent January decrease. Excluding transportation, new orders decreased 2.6 percent. Excluding defense, new orders decreased 1.6 percent.
Shipments

Shipments of manufactured durable goods in February, down three of the last four months, decreased $6.0 billion or 2.8 percent to $210.5 billion. This followed a 2.3 percent January increase.
Unfilled Orders

Unfilled orders for manufactured durable goods in February, up thirty-three of the last thirty-four months, increased $6.1 billion or 0.8 percent to $820.6 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.8 percent January increase.
Inventories

Inventories of manufactured durable goods in February, up seven of the last eight months, increased $1.6 billion or 0.5 percent to $323.7 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.6 percent January increase.
Capital Goods Industries

Nondefense

Nondefense new orders for capital goods in February decreased $0.7 billion or 1.0 percent to $73.6 billion.

Defense

Defense new orders for capital goods in February decreased $1.0 billion or 10.1 percent to $8.8 billion.

Durable Goods Orders (Advance) – February 2008 [PDF]

Source: Commerce Department, Census Bureau