Durable Goods Orders Up 0.4%


New orders for manufactured durable goods increased 0.4 percent in October, following a revised 0.9 percent drop in September. It is the first gain in three months driven by a 3.4 percent rise in transportation orders.

Excluding transportation, new orders shrank 0.9 percent, following a revised 0.2 percent rise in the previous month. Excluding defense, new orders decreased 0.6 percent.

Transportation equipment, also up following two consecutive monthly decreases, drove the increase, $2.5 billion or 3.4 percent to $76.3 billion.

Shipments of manufactured durable goods in October, up four of the last five months, increased $0.3 billion or 0.1 percent to $246.5 billion. This followed a 0.3 percent September increase.

Unfilled orders for manufactured durable goods in October, up eighteen of the last nineteen months, increased $5.0 billion or 0.4 percent to $1,174.0 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.4 percent September increase.

Inventories of manufactured durable goods in October, up eighteen of the last nineteen months, increased $2.0 billion or 0.5 percent to $406.8 billion. This was at the highest level since the series was first published on a NAICS basis and followed a 0.5 percent September increase.

Nondefense new orders for capital goods in October decreased $0.1 billion or 0.1 percent to $82.2 billion. Shipments decreased $0.6 billion or 0.8 percent to $80.1 billion. Unfilled orders increased $2.1 billion or 0.3 percent to $735.1 billion. Inventories increased $0.9 billion or 0.5 percent to $185.9 billion.

Defense new orders for capital goods in October increased $1.1 billion or 11.2 percent to $10.5 billion. Shipments increased $0.1 billion or 1.4 percent to $9.8 billion. Unfilled orders increased $0.7 billion or 0.4 percent to $158.6 billion. Inventories increased $0.2 billion or 1.0 percent to $23.9 billion. 


Durable Goods Orders Up 0.4%


US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
11/26/2014 1:54:31 PM