(05-27-21) The U.S. Census Bureau announces the April advance report on durable goods manufacturers’ shipments, inventories and orders: New Orders – New orders for manufactured durable goods in April decreased $3.2 billion or 1.3 percent to $246.2 billion, the U.S. Census Bureau announced today. This decrease, down following eleven consecutive monthly increases, followed a 1.3 percent March increase. Excluding transportation, new orders increased 1.0 percent. Excluding defense, new orders were virtually unchanged. Transportation equipment, down two consecutive months, drove the decrease, $4.9 billion or 6.7 percent to $68.9 billion. Shipments – Shipments of manufactured durable goods in April, up eleven of the last twelve months, increased $1.4 billion or 0.6 percent to $248.7 billion. This followed a 2.7 percent March increase. Primary metals, also up eleven of the last twelve months, led the increase, $0.6 billion or 2.7 percent to $21.6 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in April, up three consecutive months, increased $1.9 billion or 0.2 percent to $1,197.0 billion. This followed a 0.5 percent March increase. Fabricated metal products, up eleven consecutive months, drove the increase, $3.1 billion or 3.4 percent to $95.9 billion. Inventories – Inventories of manufactured durable goods in April, up three consecutive months, increased $2.2 billion or 0.5 percent to $441.6 billion. This followed a 1.0 percent March increase. Transportation equipment, also up three consecutive months, led the increase, $0.9 billion or 0.6 percent to $149.4 billion. Capital Goods – Nondefense new orders for capital goods in April increased $2.7 billion or 3.5 percent to $80.1 billion. Shipments increased $3.1 billion or 4.1 percent to $78.9 billion. Unfilled orders increased $1.2 billion or 0.2 percent to $721.9 billion. Inventories decreased $0.3 billion or 0.2 percent to $196.4 billion. Defense new orders for capital goods in April decreased $3.2 billion or 25.8 percent to $9.1 billion. Shipments increased $0.6 billion or 4.8 percent to $12.2 billion. Unfilled orders decreased $3.1 billion or 1.6 percent to $191.9 billion. Inventories increased $0.1 billion or 0.7 percent to $20.9 billion. Revised and Recently Benchmarked March Data – Revised seasonally adjusted March figures for all manufacturing industries were: new orders, $487.8 billion (revised from $486.6 billion); shipments, $485.8 billion (revised from $485.4 billion); unfilled orders, $1,195.1 billion (revised from $1,194.2 billion) and total inventories, $721.0 billion (revised from $721.1 billion).
Durable Goods – Shipments and New Orders (05-27-21)
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