New orders for manufactured durable goods in October decreased $12.7 billion or 6.2% to $193.0 billion, the U.S. Census Bureau announced. This was the largest percentage decrease in new orders since October 2006 and followed two consecutive monthly decreases including a 0.2% September decrease. Excluding transportation, new orders decreased 4.4%. Excluding defense, new orders decreased 4.6%.
Shipments
Shipments of manufactured durable goods in October, down three consecutive months, decreased $5.0 billion or 2.4% to $202.9 billion. This followed a 0.2% September decrease.
Unfilled Orders
Unfilled orders for manufactured durable goods in October, down for the first time in 26 months, decreased $4.6 billion or 0.6% to $823.6 billion. This followed a 0.2% September increase.
Inventories
Inventories of manufactured durable goods in October, up 15 of the last 16 months, increased $1.4 billion or 0.4% to $341.1 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.2% September increase.
Capital Goods Industries
Nondefense
Nondefense new orders for capital goods in October decreased $2.4 billion or 3.6% to $65.6 billion.
Defense
Defense new orders for capital goods in October decreased $3.7 billion or 31.0% to $8.3 billion.
Durable Goods Orders Drop in October
New orders for manufactured durable goods in October decreased $12.7 billion or 6.2% to $193.0 billion, the U.S. Census Bureau announced. This was the largest percentage decrease in new orders since October 2006 and followed two consecutive monthly decreases including a 0.2% September decrease. Excluding transportation, new orders decreased 4.4%. Excluding defense, new orders decreased 4.6%.
Shipments
Shipments of manufactured durable goods in October, down three consecutive months, decreased $5.0 billion or 2.4% to $202.9 billion. This followed a 0.2% September decrease.
Unfilled Orders
Unfilled orders for manufactured durable goods in October, down for the first time in 26 months, decreased $4.6 billion or 0.6% to $823.6 billion. This ...
Shipments
Shipments of manufactured durable goods in October, down three consecutive months, decreased $5.0 billion or 2.4% to $202.9 billion. This followed a 0.2% September decrease.
Unfilled Orders
Unfilled orders for manufactured durable goods in October, down for the first time in 26 months, decreased $4.6 billion or 0.6% to $823.6 billion. This ...
Share this article
- Filed In: Subscriber Only, Research & Analytics, News, Free, Economic Trends
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.