New orders for manufactured durable goods down in Sept
03 Nov '07
4 min read
U.S. Census Bureau release Advance report on manufacturers' shipments, inventories & orders September 2007.
Summary: New orders for manufactured goods in September, up three of the last four months, increased $0.7 billion or 0.2 percent to $420.7 billion, the U.S. Census Bureau reported. This followed a 3.5 percent August decrease.
Shipments, down three of the last four months, decreased $0.2 billion to $417.4 billion. This followed a 1.7 percent August decrease.
Unfilled orders, up twenty-eight of the last twenty-nine months, increased $8.5 billion or 1.1 percent to $771.6 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.2 percent August increase. The unfilled orders-toshipments ratio was 5.19, up from 5.06 in August.
Inventories, up seven of the last eight months, increased $2.8 billion or 0.6 percent to $519.5 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.1 percent August decrease. The inventories-to-shipments ratio was unchanged at 1.24.
New Orders: New orders for manufactured durable goods in September, down two consecutive months, decreased $3.6 billion or 1.7 percent to $214.7 billion, unchanged from the previously published decrease. This followed a 5.3 percent August decrease.
Transportation equipment, down two consecutive months, had the largest decrease, $4.2 billion or 6.2 percent to $62.3 billion.
New orders for manufactured nondurable goods increased $4.3 billion or 2.1 percent to $206.0 billion.
Shipments: Shipments of manufactured durable goods in September, down three of the last four months, decreased $4.5 billion or 2.1 percent to $211.5 billion, revised from the previously published 2.0 percent decrease.
marketing@alchempro.com
