New orders for US manufactured durable goods fall 5.7% in March from February to US$216.3B, 1.4% excluding transportation; decline was second in last three months: Dept. of Commerce

Cindy Allen

Cindy Allen

May 3, 2013 – U.S. Dept. of Commerce (DOC)

WASHINGTON , May 3, 2013 (press release) – New Orders. New orders for manufactured durable goods in March decreased $13.1 billion or 5.7 percent to $216.3 billion, the U.S. Census Bureau announced today. This decrease, down two of the last three months, followed a 4.3 percent February increase. Excluding transportation, new orders decreased 1.4 percent. Excluding defense, new orders decreased 4.7 percent. Transportation equipment, also down two of the last three months, led the decrease, $11.0 billion or 15.0 percent to $62.4 billion. This was led by nondefense aircraft and parts, which decreased $8.5 billion.

Shipments. Shipments of manufactured durable goods in March, up six of the last seven months, increased $1.0 billion or 0.4 percent to $230.0 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.7 percent February increase. Transportation equipment, up four of the last five months, drove the increase, $1.4 billion or 2.1 percent to $67.6 billion. This followed a 1.7 percent February increase.

Unfilled Orders. Unfilled orders for manufactured durable goods in March, down two of the last three months, decreased $6.4 billion or 0.6 percent to $991.2 billion. This decrease followed a 0.7 percent February increase. Transportation equipment, also down two of the last three months, led the decrease, $5.2 billion or 0.9 percent to $586.0 billion.

Inventories. Inventories of manufactured durable goods in March, up seventeen of the last eighteen months, increased $0.3 billion or 0.1 percent to $377.2 billion. This was at the highest level since the series was first published on a NAICS basis and followed a 0.4 percent February increase. Computers and electronic products, up four of the last five months, drove the increase, $0.4 billion or 0.8 percent to $46.8 billion.

Capital Goods. Nondefense new orders for capital goods in March decreased $8.3 billion or 10.6 percent to $70.2 billion. Shipments increased $1.5 billion or 2.1 percent to $71.8 billion. Unfilled orders decreased $1.5 billion or 0.3 percent to $593.7 billion. Inventories increased $0.6 billion or 0.4 percent to $176.1 billion. Defense new orders for capital goods in March decreased $2.5 billion or 33.2 percent to $5.0 billion. Shipments increased slightly or 0.1 percent to $8.4 billion. Unfilled orders decreased $3.4 billion or 2.0 percent to $163.6 billion. Inventories decreased $0.3 billion or 1.5 percent to $22.0 billion.

Revised February Data. Revised seasonally adjusted February figures for all manufacturing industries were: new orders, $489.3 billion (revised from $492.0 billion); shipments, $488.9 billion (revised from $489.3 billion); unfilled orders, $997.5 billion (revised from $999.7 billion); and total inventories, unchanged from $620.0 billion.

Figures in text are adjusted for seasonality, but not for inflation. Figures on new and unfilled orders exclude data for semiconductor manufacturing. For data, call (301) 763-4673 or go to .

Revised and more detailed estimates, plus nondurable goods data, will be published on May 3, 2013, at 10:00 a.m. EDT. The advance report on durable goods for April is scheduled for release on May 24, 2013, at 8:30 a.m. EDT. See back page for survey description. To receive the latest updates on the Nation's key economic indicators, download the America's Economy app for Apple and Android smartphones and tablets.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025 795

+1 (310) 558 0008
+1 (310) 558 0080 (FAX)

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.