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 October decreased $1.0 billion or 0.6 percent to $166.2 billion, the U.S. Census Bureau announced today. This was the second monthly decrease in the last three months. This followed a 2.0 percent September increase. Excluding transportation, new orders decreased 1.3 percent. Excluding defense, new orders increased 0.4 percent.

Machinery, down following two consecutive monthly increases, had the largest decrease, $1.9 billion or 8.0 percent to $21.8 billion.

Shipments

Shipments of manufactured durable goods in October, down two of the last three months, decreased $0.3 billion or 0.2 percent to $173.8 billion. This followed a 1.6 percent September increase.

Transportation equipment, also down two of the last three months, had the largest decrease, $1.9 billion or 4.2 percent to $43.4 billion. This was led by defense aircraft and parts, which decreased $1.0 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in October, down thirteen consecutive months, decreased $3.0 billion or 0.4 percent to $730.4 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 0.4 percent September decrease.

Transportation equipment, down twelve of the last thirteen months, had the largest decrease, $2.2 billion or 0.5 percent to $424.3 billion.

Inventories

Inventories of manufactured durable goods in October, down ten consecutive months, decreased $0.1 billion to $304.2 billion. This followed a 1.2 percent September decrease.

Fabricated metal products, down thirteen consecutive months, had the largest decrease, $0.2 billion or 0.7 percent to $36.7 billion.

Capital Goods

Nondefense new orders for capital goods in October increased $0.6 billion or 1.2 percent to $54.6 billion. Shipments decreased $0.9 billion or 1.6 percent to $56.0 billion. Unfilled orders decreased $1.4 billion or 0.3 percent to $418.2 billion. Inventories increased $0.3 billion or 0.2 percent to $132.3 billion.

Defense new orders for capital goods in October decreased $1.9 billion or 18.4 percent to $8.5 billion. Shipments decreased $0.4 billion or 3.8 percent to $11.0 billion. Unfilled orders decreased $2.4 billion or 1.7 percent to $137.3 billion. Inventories increased $0.5 billion or 2.5 percent to $20.3 billion.

Revised June Data

Revised seasonally adjusted September figures for all manufacturing industries were: new orders, $357.2 billion (revised from $356.1 billion); shipments, $364.1 billion (revised from $363.1 billion); unfilled orders, $733.4 billion (revised from $733.3 billion); and total inventories, $491.7 billion (revised from $492.6 billion).

Available at:

http://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf