Orders for manufactured durable goods increased 7.8%
26 Oct '06
1 min read
New orders for manufactured durable goods in September increased $16.3 billion or 7.8 percent to $226.7 billion, the U.S. Census Bureau announced.
This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed two consecutive monthly decreases including a 0.1 percent August decrease.
Excluding transportation, new orders increased 0.1 percent. Excluding defense, new orders increased 6.3 percent.
Shipments of manufactured durable goods in September, down two of the last three months, decreased $5.9 billion or 2.8 percent to $208.6 billion. This followed a 2.0 percent August increase.
Unfilled orders for manufactured durable goods in September, up sixteen of the last seventeen months, increased $23.9 billion or 3.8 percent to $655.9 billion.
This was at the highest level since the series began and followed a 0.4 percent August increase.
Inventories of manufactured durable goods in September, up eight of the last nine months, increased $2.8 billion or 1.0 percent to $290.8 billion. This followed a 0.6 percent August increase.