The U.S. Census Bureau announces the May advance report on durable goods manufacturers’ shipments, inventories and orders: New Orders – New orders for manufactured durable goods in May increased $1.9 billion or 0.7 percent to $267.2 billion, the U.S. Census Bureau announced today. This increase, up seven of the last eight months, followed a 0.4 percent April increase. Excluding transportation, new orders increased 0.7 percent. Excluding defense, new orders increased 0.6 percent. Transportation equipment, up two consecutive months, led the increase, $0.7 billion or 0.8 percent to $87.6 billion. Shipments – Shipments of manufactured durable goods in May, up twelve of the last thirteen months, increased $3.6 billion or 1.3 percent to $268.4 billion. This followed a 0.3 percent April increase. Transportation equipment, up seven of the last eight months, led the increase, $1.7 billion or 2.1 percent to $84.7 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in May, up twenty-one consecutive months, increased $3.7 billion or 0.3 percent to $1,109.8 billion. This followed a 0.5 percent April increase. Transportation equipment, up fifteen of the last sixteen months, led the increase, $2.9 billion or 0.5 percent to $639.8 billion. Inventories – Inventories of manufactured durable goods in May, up sixteen consecutive months, increased $2.7 billion or 0.6 percent to $482.7 billion. This followed a 0.9 percent April increase. Machinery, up nineteen consecutive months, led the increase, $1.0 billion or 1.2 percent to $82.3 billion. Capital Goods – Nondefense new orders for capital goods in May increased $0.4 billion or 0.5 percent to $83.7 billion. Shipments increased $1.3 billion or 1.6 percent to $79.8 billion. Unfilled orders increased $3.9 billion or 0.6 percent to $623.8 billion. Inventories increased $0.6 billion or 0.3 percent to $210.7 billion. Defense new orders for capital goods in May increased $0.3 billion or 2.6 percent to $13.7 billion. Shipments increased $0.3 billion or 2.5 percent to $14.0 billion. Unfilled orders decreased $0.2 billion or 0.1 percent to $185.6 billion. Inventories increased $0.1 billion or 0.3 percent to $22.3 billion. Revised April Data – Revised seasonally adjusted April figures for all manufacturing industries were: new orders, $534.8 billion (revised from $533.2 billion); shipments, $534.3 billion (revised from $532.1 billion); unfilled orders, $1,106.1 billion (revised from $1,106.8 billion) and total inventories, $787.9 billion (revised from $786.1 billion).
Durable Goods – Shipments and New Orders (06-27-22)
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