(03-13-19)
The U.S. Census Bureau announces the January advance report on manufacturers’ shipments, inventories and orders: New Orders – New orders for manufactured durable goods in January increased $0.9 billion or 0.4 percent to $255.3 billion, the U.S. Census Bureau announced today.
This increase, up three consecutive months, followed a 1.3 percent December increase. Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders increased 0.7 percent. Transportation equipment, up five of the last six months, drove the increase, $1.0 billion or 1.2 percent to $90.9 billion. Shipments – Shipments of manufactured durable goods in January, down following two consecutive monthly increases, decreased $1.3 billion or 0.5 percent to $257.9 billion. This followed a 0.7 percent December increase. Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $1.3 billion or 1.4 percent to $90.0 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in January, up following three consecutive monthly decreases, increased $1.4 billion or 0.1 percent to $1,181.9 billion. This followed a 0.1 percent December decrease. Transportation equipment, also up following three consecutive monthly decreases, led the increase, $0.9 billion or 0.1 percent to $811.6 billion. Inventories – Inventories of manufactured durable goods in January, up twenty‐four of the last twenty‐five months, increased $1.7 billion or 0.4 percent to $417.0 billion. This followed a 0.3 percent December increase. Transportation equipment, up four of the last five months, led the increase, $1.2 billion or 0.9 percent to $132.6 billion. Capital Goods – Nondefense new orders for capital goods in January increased $2.0 billion or 2.5 percent to $80.3 billion. Shipments decreased $1.3 billion or 1.6 percent to $78.4 billion. Unfilled orders increased $1.9 billion or 0.3 percent to $711.0 billion. Inventories increased $0.9 billion or 0.5 percent to $182.8 billion. Defense new orders for capital goods in January decreased $0.3 billion or 2.3 percent to $12.5 billion. Shipments – increased $0.4 billion or 3.4 percent to $13.0 billion. Unfilled orders decreased $0.5 billion or 0.3 percent to $156.0 billion. Inventories increased $0.4 billion or 1.6 percent to $23.0 billion. Revised December Data – Revised seasonally adjusted December figures for all manufacturing industries were: new orders, $500.1 billion (revised from $499.9 billion); shipments, $504.9 billion (unchanged); unfilled orders, $1,180.5 billion (revised from $1,180.3 billion) and total inventories, $681.8 billion (revised from $681.5 billion).
