Durable Goods Orders Down Two Consecutive Months



New orders for manufactured durable goods in September decreased $3.2 billion, or 1.3%, to $241.6 billion, the U.S. Census Bureau announced. This decrease, down two consecutive months, followed an 18.3% August decrease. Excluding transportation, new orders decreased 0.2%.

Transportation equipment, also down two consecutive months, led the decrease, $2.8 billion or 3.7% to$73.4 billion.

Unfilled orders for manufactured durable goods in September, up seventeen of the last eighteen months, increased $3.8 billion or 0.3% to $1,168.7 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.6% August increase.

Transportation equipment, up twelve of the last thirteen months, led the increase, $1.0 billion or 0.1% to $742.7 billion.

Inventories of manufactured durable goods in September, up seventeen of the last eighteen months, increased $1.8 billion, or 0.4%, to $404.8 billion. This was at the highest level since the series was first published on a NAICS basis and followed a 0.4% August increase.

Transportation equipment, also up seventeen of the last eighteen months, led the increase, $1.0 billion, or 0.8%, to $130.9 billion.

To view the full U.S. Census Bureau report, click here.


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