Tuesday 28 January 2014

US New Orders for Durable Good Manufacturers' in December fell 4.3%

Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders
December 2013
New Orders

 New orders for manufactured durable goods in
December decreased $10.3 billion or 4.3 percent to
$229.3 billion, the U.S. Census Bureau announced
today. This decrease, down two of the last three months,
followed a 2.6 percent November increase. Excluding
transportation, new orders decreased 1.6 percent.
Excluding defense, new orders decreased 3.7 percent.

 Transportation equipment, also down two of the last
three months, led the decrease, $7.7 billion or 9.5
percent to $73.1 billion. This was led by nondefense
aircraft and parts, which decreased $3.8 billion.

Shipments

 Shipments of manufactured durable goods in
December, down following four consecutive monthly
increases, decreased $4.5 billion or 1.9 percent to $232.8
billion. This followed a 1.3 percent November increase.

 Transportation equipment, also down following four
consecutive monthly increases, led the decrease, $4.1
billion or 5.7 percent to $68.3 billion.

Unfilled Orders

 Unfilled orders for manufactured durable goods in
December, up ten of the last eleven months, increased
$3.9 billion or 0.4 percent to $1,061.5 billion. This was
at the highest level since the series was first published on
a NAICS basis in 1992, and followed a 0.9 percent
November increase.

 Transportation equipment, up four consecutive months,
drove the increase, $4.8 billion or 0.7 percent to $659.1
billion.

Inventories

 Inventories of manufactured durable goods in
December, up eight of the last nine months, increased
$3.0 billion or 0.8 percent to $387.8 billion. This was at
the highest level since the series was first published on a
NAICS basis, and followed a 0.3 percent November
increase.

 Transportation equipment, up nineteen of the last
twenty months, led the increase, $1.3 billion or 1.1
percent to $122.1 billion.

Capital Goods

 Nondefense new orders for capital goods in December
decreased $4.3 billion or 5.0 percent to $82.5 billion.
Shipments increased $0.6 billion or 0.8 percent to $75.4
billion. Unfilled orders increased $7.1 billion or 1.1
percent to $642.7 billion. Inventories increased $1.2
billion or 0.7 percent to $176.7 billion.

 Defense new orders for capital goods in December
decreased $1.9 billion or 21.5 percent to $6.8 billion.
Shipments decreased $1.3 billion or 11.5 percent to $9.6
billion. Unfilled orders decreased $2.8 billion or 1.7
percent to $161.9 billion. Inventories increased $0.5
billion or 2.1 percent to $22.9 billion.

Revised November Data

 Revised seasonally adjusted November figures for all
manufacturing industries were: new orders, $495.9
billion (revised from $497.9 billion); shipments, $493.6
billion (revised from $494.6 billion); unfilled orders,
$1,057.6 billion (revised from $1,058.5 billion); and
total inventories $633.8 billion (revised from $633.4
billion

Source: US Department of Commerce

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