(05-28-20) Statement Regarding COVID-19 Impact: Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication standards. 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 $35.4 billion or 17.2 percent to $170.0 billion, the U.S. Census Bureau announced today. This decrease, down three of the last four months, followed a 16.6 percent March decrease. Excluding transportation, new orders decreased 7.4 percent. Excluding defense, new orders decreased 16.2 percent. Transportation equipment, also down three of the last four months, led the decrease, $23.9 billion or 47.3 percent to $26.6 billion. Shipments – Shipments of manufactured durable goods in April, down three of the last four months, decreased $41.5 billion or 17.7 percent to $192.3 billion. This followed a 5.5 percent March decrease. Transportation equipment, also down three of the last four months, led the decrease, $31.4 billion or 42.7 percent to $42.1 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in April, down two consecutive months, decreased $17.5 billion or 1.6 percent to $1,107.8 billion. This followed a 2.1 percent March decrease. Transportation equipment, also down two consecutive months, led the decrease, $15.5 billion or 2.0 percent to $759.9 billion. Inventories – Inventories of manufactured durable goods in April, up two consecutive months, increased $0.7 billion or 0.2 percent to $425.6 billion. This followed a 0.6 percent March increase. Transportation equipment, up twenty-one of the last twenty-two months, led the increase, $0.4 billion or 0.3 percent to $143.0 billion. Capital Goods – Nondefense new orders for capital goods in April increased $3.8 billion or 8.2 percent to $50.1 billion. Shipments decreased $9.2 billion or 12.6 percent to $63.8 billion. Unfilled orders decreased $13.7 billion or 2.2 percent to $624.8 billion. Inventories increased $0.2 billion or 0.1 percent to $190.3 billion. Defense new orders for capital goods in April decreased $4.9 billion or 30.8 percent to $11.0 billion. Shipments increased $0.5 billion or 3.9 percent to $12.5 billion. Unfilled orders decreased $1.5 billion or 0.8 percent to $178.9 billion. Inventories increased $0.3 billion or 1.4 percent to $21.1 billion. Revised and Recently Benchmarked March Data Revised seasonally adjusted March figures for all manufacturing industries were: new orders, $441.6 billion (revised from $445.0 billion); shipments, $470.1 billion (revised from $472.2 billion); unfilled orders, $1,125.3 billion (revised from $1,126.5 billion) and total inventories, $690.0 billion (revised from $690.6 billion).
Durable Goods – Shipments and New Orders – (05-28-20)
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