New orders for US manufactured durable goods increased 9.9% in September from August to US$218.2B, rose 2% excluding transportation; orders have been up for four of last five months

WASHINGTON , October 25, 2012 (press release) – New Orders

New orders for manufactured durable goods in September increased $19.6 billion or 9.9 percent to $218.2 billion, the U.S. Census Bureau announced today. This increase, up four of the last five months, followed a 13.1 percent August decrease. Excluding transportation, new orders increased 2.0 percent.

Excluding defense, new orders increased 9.1 percent. Transportation equipment, up five of the last six months, had the largest increase, $16.8 billion or 31.7 percent to $69.6 billion.

Shipments

Shipments of manufactured durable goods in September, up two of the last three months, increased $1.8 billion or 0.8 percent to $224.2 billion. This followed a 2.9 percent August decrease.

Transportation equipment, also up two of the last three months, had the largest increase, $0.8 billion or 1.3 percent to $64.7 billion. This followed an 8.0 percent August decrease.

Unfilled Orders

Unfilled orders for manufactured durable goods in September, up three of the last four months, increased $1.6 billion or 0.2 percent to $980.8 billion. This increase followed a 1.7 percent August decrease. Transportation equipment, also up three of the last four months, had the largest increase, $4.9 billion or 0.9 percent to $574.5 billion.

Inventories

Inventories of manufactured durable goods in September, up thirty-two of the last thirty-three months, increased $0.9 billion or 0.3 percent to $372.9 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.6 percent August increase. Transportation equipment, also up thirty-two of the last thirty-three months, had the largest increase, $0.4 billion or 0.4 percent to $112.6 billion. This was also at the highest level since the series was first published on a NAICS basis.

Capital Goods

Nondefense new orders for capital goods in September increased $13.7 billion or 23.7 percent to $71.4 billion. Shipments increased $1.0 billion or 1.4 percent to $70.1 billion. Unfilled orders increased $1.3 billion or 0.2 percent to $582.1 billion. Inventories increased $0.9 billion or 0.5 percent to $172.8 billion. Defense new orders for capital goods in September increased $2.7 billion or 43.7 percent to $8.7 billion. Shipments increased $0.4 billion or 4.7 percent to $8.5 billion. Unfilled orders increased $0.2 billion or 0.1 percent to $165.8 billion. Inventories decreased $0.5 billion or 2.1 percent to $21.1 billion.

Revised August Data

Revised seasonally adjusted August figures for all manufacturing industries were: new orders, $453.2 billion (revised from $452.8 billion); shipments, $477.0 billion (revised from $476.9 billion); unfilled orders, $979.2 billion (revised from $978.8 billion); and total inventories, $611.5 billion (revised from $611.8 billion).

* 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.