Durable Goods Orders Down 1.1% in May



New orders for manufactured durable goods in May decreased $2.5 billion, or 1.1% to $228.2 billion, the U.S. Census Bureau announced. This decrease, down two consecutive months, followed a 0.9% April decrease. Excluding transportation, new orders increased 0.1%. Excluding defense, new orders decreased 0.6%. Transportation equipment, also down two consecutive months, drove the decrease, $2.7 billion or 3.4% to $75.4 billion.

Shipments of manufactured durable goods in May, up following two consecutive monthly decreases, increased $1.8 billion or 0.8% to $234.9 billion. This followed a 0.3% April decrease.

Transportation equipment, up following four consecutive monthly decreases, led the increase, $1.5 billion, or 1.9%, to $78.8 billion.

Unfilled orders for manufactured durable goods in May, down following two consecutive monthly increases, decreased $2.3 billion or 0.2% to $1,120.1 billion. This followed a 0.2% April increase. Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $3.4 billion, or 0.4%, to $762.8 billion.

Inventories of manufactured durable goods in May, up 10 of the last 11 months, increased $0.7 billion or 0.2% to $395.4 billion. This followed a 0.2% April increase. Computers and electronic products, up nine of the last 10 months, led the increase, $0.1 billion, or 0.3%, to $44.3 billion.

Nondefense new orders for capital goods in May decreased $1.7 billion, or 2.4%, to $68.3 billion. Shipments increased $0.3 billion, or 0.4%, to $70.1 billion. Unfilled orders decreased $1.8 billion, or 0.3%, to $695.0 billion. Inventories decreased less than $0.1 billion or virtually unchanged to $176.8 billion.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

  • Hidden
  • RAM Group Holdings does not share or sell your personal information. The information we ask you to furnish is limited to what is needed to process your order fully and completely. You may unsubscribe at any time. View our Privacy Policy.
  • Please Confirm permission for Monitor/Monitordaily to e-mail you.
  • Hidden

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com