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U.S.Economy: 
Durable Goods Orders
Author: 123jump.com Staff
123jump.com
Last Update: 8:57 AM EDT June 25 2008


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New orders for manufactured durable goods in May increased slightly to $213.6 billion, the U.S. Census Bureau announced today. This was the first increase in three months and followed a 1% April decrease.

 
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 May increased slightly to $213.6 billion, the U.S. Census Bureau announced today. This was the first increase in three months and followed a 1.0 percent April decrease. Excluding transportation, new orders decreased 0.9 percent. Excluding defense, new orders decreased 0.6 percent.

Shipments

Shipments of manufactured durable goods in May, down three of the last four months, decreased $2.3 billion or 1.1 percent to $211.3 billion. This followed a 1.8 percent April increase.

Unfilled Orders

Unfilled orders for manufactured durable goods in May, up twenty-seven of the last twenty-eight months, increased $7.1 billion or 0.9 percent to $810.2 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.7 percent April increase.

Inventories

Inventories of manufactured durable goods in May, up ten of the last eleven months, increased $1.4 billion or 0.4 percent to $330.4 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.6 percent April increase.

Capital Goods Industries

Nondefense

Nondefense new orders for capital goods in May increased $0.3 billion or 0.4 percent to $73.9 billion.

Defense

Defense new orders for capital goods in May increased $0.9 billion or 10.9 percent to $9.5 billion.


Available at:


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