(03-25-20) The U.S. Census Bureau announces the February advance report on durable goods manufacturers’ shipments, inventories and orders: New Orders – New orders for manufactured durable goods in February increased $2.9 billion or 1.2 percent to $249.4 billion, the U.S. Census Bureau announced today. This increase, up four of the last five months, followed a 0.1 percent January increase. Excluding Transportation, new orders decreased 0.6 percent. Excluding defense, new orders increased 0.1 percent. Transportation equipment, up two of the last three months, drove the increase, $3.8 billion or 4.6 percent to $87.0 billion. Shipments – Shipments of manufactured durable goods in February, up following seven consecutive monthly decreases, increased $2.1 billion or 0.8 percent to $252.3 billion. This followed a 0.1 percent January decrease. Transportation equipment, also up following seven consecutive monthly decreases, drove the increase, $2.4 billion or 2.9 percent to $85.0 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in February, up four of the last five months, increased $1.4 billion or 0.1 percent to $1,158.6 billion. This followed a virtually unchanged January increase. Transportation equipment, up seven of the last eight months, drove the increase, $1.9 billion or 0.2 percent to $791.3 billion. Inventories – Inventories of manufactured durable goods in February, up seventeen of the last eighteen months, increased $0.1 billion or virtually unchanged to $434.9 billion. This followed a 0.1 percent January decrease. Transportation equipment, up nineteen of the last twenty months, drove the increase, $0.6 billion or 0.4 percent to $151.7 billion. Capital Goods – Nondefense new orders for capital goods in February increased $0.4 billion or 0.5 percent to $73.1 billion. Shipments increased $1.0 billion or 1.3 percent to $74.3 billion. Unfilled orders decreased $1.2 billion or 0.2 percent to $670.0 billion. Inventories increased $0.2 billion or 0.1 percent to $198.3 billion. Defense new orders for capital goods in February increased $3.1 billion or 25.7 percent to $15.2 billion. Shipments decreased $0.2 billion or 1.5 percent to $13.1 billion. Unfilled orders increased $2.1 billion or 1.3 percent to $165.6 billion. Inventories decreased less than $0.1 billion or virtually unchanged to $24.1 billion. Revised January Data – Revised seasonally adjusted January figures for all manufacturing industries were: new orders, $498.5 billion (revised from $497.9 billion); shipments, $502.1 billion (revised from $501.8 billion); unfilled orders, $1,157.3 billion (revised from $1,157.0 billion) and total inventories, $702.9 billion (revised from $703.4 billion).
Durable Goods – Shipments and New Orders – (03-25-20)
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com