Durable Goods Orders Disappoint

New orders for manufactured durable goods decreased 1.3 percent in September, following a revised 18.3 percent drop in August. It is the second consecutive slide as capital goods orders decreased the most in eight months and transportation orders fell 3.7 percent.
US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com 10/28/2014 6:50:43 PM
New orders for manufactured durable goods in September decreased $3.2 billion to $241.6 billion. Excluding transportation, new orders decreased 0.2 percent. Excluding defense, new orders decreased 1.5 percent. Transportation equipment, also down two consecutive months, led the decrease, $2.8 billion or 3.7 percent to $73.4 billion.

Shipments of manufactured durable goods in September, up three of the last four months, increased $0.1 billion or 0.1 percent to $245.6 billion. This followed a 1.8 percent August decrease. Fabricated metal products, up eight of the last nine months, drove the increase, $0.2 billion or 0.6 percent to $30.5 billion.

Unfilled orders for manufactured durable goods in September, up seventeen of the last eighteen months, increased $3.8 billion or 0.3 percent to $1,168.7 billion.

Inventories of manufactured durable goods in September, up seventeen of the last eighteen months, increased $1.8 billion or 0.4 percent to $404.8 billion.

Nondefense new orders for capital goods in September decreased $4.6 billion or 5.4 percent to $82.0 billion. Shipments increased $0.4 billion or 0.5 percent to $80.2 billion. Unfilled orders increased $1.8 billion or 0.2 percent to $733.3 billion. Inventories increased $1.1 billion or 0.6 percent to $184.9 billion. Defense new orders for capital goods in September increased $0.6 billion or 7.4 percent to $9.4 billion. Shipments decreased $0.1 billion or 1.3 percent to $9.7 billion. Unfilled orders decreased $0.3 billion or 0.2 percent to $157.8 billion. Inventories decreased $0.3 billion or 1.2 percent to $23.6 billion.

Durable Goods Orders Disappoint