Durable Goods Fall in April

New orders for US manufactured goods shrank 0.5 percent in April, following an upwardly revised 5.1 percent rise in March. Excluding transportation, orders increased 0.5 percent, slightly slowing from a revised 0.6 percent increase in the previous month.
US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com 5/26/2015 1:48:21 PM
Excluding defense, new orders increased 0.2 percent (3.4 percent in March) Transportation equipment, also down two of the last three months, drove the decrease, $2.0 billion or 2.5 percent to $77.9 billion. 

Shipments of manufactured durable goods in April, down three of the last four months, decreased $0.1 billion or 0.1 percent to $240.5 billion. This followed a 1.5 percent March increase. Primary metals, down six of the last seven months, drove the decrease, $0.5 billion or 2.1 percent to $21.6 billion.

Unfilled orders for manufactured durable goods in April, down four of the last five months, decreased $0.3 billion, or virtually unchanged, to $1,203.1 billion. This followed a 0.1 percent March increase. Machinery, down six of the last seven months, drove the decrease, $0.9 billion or 0.7 percent to $115.7 billion.

Inventories of manufactured durable goods in April, up twenty-four of the last twenty-five months, increased $0.9 billion or 0.2 percent to $401.5 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a virtually unchanged March increase. Transportation equipment, up sixteen of the last seventeen months, led the increase, $0.6 billion or 0.5 percent to $130.3 billion.

Nondefense new orders for capital goods in April increased $0.3 billion or 0.3 percent to $81.2 billion. Shipments increased $1.3 billion or 1.6 percent to $80.2 billion. Unfilled orders increased $1.1 billion or 0.1 percent to $763.3 billion. Inventories increased $0.3 billion or 0.2 percent to $177.4 billion.

Defense new orders for capital goods in April decreased $0.9 billion or 9.5 percent to $8.4 billion. Shipments decreased $0.3 billion or 2.8 percent to $9.5 billion. Unfilled orders decreased $1.0 billion or 0.7 percent to $151.4 billion. Inventories increased $0.5 billion or 2.5 percent to $21.7 billion

Durable Goods Fall in April