New orders for US manufactured durable goods rose 0.8% in April from March to US$239.9B, 0.1% excluding transportation; orders have risen for three straight months: Dept. of Commerce

WASHINGTON , May 27, 2014 (press release) – New Orders. New orders for manufactured durable goods in April increased $1.9 billion or 0.8 percent to $239.9 billion, the U.S. Census Bureau announced today. This increase, up three consecutive months, followed a 3.6 percent March increase. Excluding transportation, new orders increased 0.1 percent. Excluding defense, new orders decreased 0.8 percent. Transportation equipment, also up three consecutive months, led the increase, $1.7 billion or 2.3 percent to $76.9 billion.

Shipments. Shipments of manufactured durable goods in April, down following two consecutive monthly increases, decreased $0.6 billion or 0.2 percent to $237.2 billion. This followed a 1.3 percent March increase. Transportation equipment, down following three consecutive monthly increases, drove the decrease, $0.7 billion or 1.0 percent to $69.5 billion.

Unfilled Orders. Unfilled orders for manufactured durable goods in April, up twelve of the last thirteen months, increased $10.4 billion or 1.0 percent to $1,081.0 billion. This was at the highest level since the series was first published on a NAICS basis in 1992, and followed a 0.8 percent March increase. Transportation equipment, up seven of the last eight months, led the increase, $7.5 billion or 1.1 percent to $671.7 billion.

Inventories. Inventories of manufactured durable goods in April, up twelve of the last thirteen months, increased $0.3 billion or 0.1 percent to $393.3 billion. This was at the highest level since the series was first published on a NAICS basis, and followed a 0.2 percent March increase. Transportation equipment, also up twelve of the last thirteen months, drove the increase, $0.3 billion or 0.3 percent to $126.1 billion.

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