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U.S.Economy: 
Durable Goods Orders Decline 0.8% in March
Author: 123jump.com Staff
123jump.com
Last Update: 9:42 AM ET April 24 2009



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New orders for manufactured durable goods in March decreased $1.3 billion or 0.8% to $161.2 billion, the U.S. Census Bureau announced today. This was the seventh decrease in the last eight months and followed a 2.1% February increase. Excluding transportation, new orders decreased 0.6%. Excluding defense, new orders also decreased 0.6%.

 
The following is the unedited transcript of the news release from the Census Bureau of the Department of Commerce.


New Orders

New orders for manufactured durable goods in March decreased $1.3 billion or 0.8 percent to $161.2 billion, the U.S. Census Bureau announced today. This was the seventh decrease in the last eight months and followed a 2.1 percent February increase. Excluding transportation, new orders decreased 0.6 percent. Excluding defense, new orders also decreased 0.6 percent.

Shipments

Shipments of manufactured durable goods in March, down eight consecutive months, decreased $3.0 billion or 1.7 percent to $175.0 billion. This followed a 0.8 percent February decrease.

Unfilled Orders

Unfilled orders for manufactured durable goods in March, down six consecutive months, decreased $11.2 billion or 1.4 percent to $760.3 billion. This followed a 1.6 percent February decrease.

Inventories

Inventories of manufactured durable goods in March, down three consecutive months, decreased $3.7 billion or 1.1 percent to $331.6 billion. This followed a 1.3 percent February decrease.

Capital Goods Industries

Nondefense

Nondefense new orders for capital goods in March increased $1.0 billion or 1.9 percent to $52.0 billion.

Defense

Defense new orders for capital goods in March decreased $1.4 billion or 14.4 percent to $8.6 billion.


Available at:

http://www.census.gov/indicator/www/m3/
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