New orders for manufactured durable goods in April increased $3.0 billion or 1.9 percent to $161.5 billion, the U.S. Census Bureau announced. This was the second increase in the last three months and followed a 2.1 percent March decrease. Excluding transportation, new orders increased 0.8 percent. Excluding defense, new orders also increased 1.0 percent.
Transportation equipment, up three consecutive months, had the largest increase, $2.1 billion or 5.4 percent to $40.5 billion.
Shipments of manufactured durable goods in April, down nine consecutive months, decreased $0.3 billion or 0.2 percent to $174.2 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 1.9 percent March decrease.
Machinery, down four consecutive months, had the largest decrease, $0.7 billion or 3.1 percent to $23.0 billion.
Unfilled orders for manufactured durable goods in April, down seven consecutive months, decreased $8.9 billion or 1.2 percent to $748.9 billion. This followed a 1.7 percent March decrease. Transportation equipment, down seven consecutive months, had the largest decrease, $4.9 billion or 1.1 percent to $438.8 billion.
Inventories of manufactured durable goods in April, down four consecutive months, decreased $2.6 billion or 0.8 percent to $327.0 billion. This followed a 1.7 percent March decrease. Primary metals, down seven consecutive months, had the largest decrease, $1.0 billion or 3.3 percent to $28.1 billion.
Nondefense new orders for capital goods in April decreased $1.0 billion or 2.0 percent to $49.5 billion. Shipments decreased $1.2 billion or 2.0 percent to $56.9 billion. Unfilled orders decreased $7.4 billion or 1.7 percent to $432.4 billion. Inventories decreased $0.1 billion or 0.1 percent to $143.0 billion.
Defense new orders for capital goods in April increased $2.0 billion or 23.2 percent to $10.8 billion. Shipments increased $0.2 billion or 2.1 percent to $10.2 billion. Unfilled orders increased $0.5 billion or 0.4 percent to $142.4 billion. Inventories increased $0.2 billion or 1.1 percent to $20.3 billion.
New Orders for Durable Goods Up 1.9% in April: Advanced Report
New orders for manufactured durable goods in April increased $3.0 billion or 1.9 percent to $161.5 billion, the U.S. Census Bureau announced. This was the second increase in the last three months and followed a 2.1 percent March decrease. Excluding transportation, new orders increased 0.8 percent. Excluding defense, new orders also increased 1.0 percent.
Transportation equipment, up three consecutive months, had the largest increase, $2.1 billion or 5.4 percent to $40.5 billion.
Shipments of manufactured durable goods in April, down nine consecutive months, decreased $0.3 billion or 0.2 percent to $174.2 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 1.9 percent ...
Transportation equipment, up three consecutive months, had the largest increase, $2.1 billion or 5.4 percent to $40.5 billion.
Shipments of manufactured durable goods in April, down nine consecutive months, decreased $0.3 billion or 0.2 percent to $174.2 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 1.9 percent ...
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.