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U.S.Economy: 
September Durable Goods Orders Rise 1%
Author: 123jump.com Staff
123jump.com
Last Update: 10:42 AM ET October 28 2009



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September durable goods orders increased 1.0% or $1.6 billion to $165.7 billion, second monthly increase in the last three months. Orders fell 2.6% in August. Excluding transportation, new orders increased 0.9 percent.

 
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 September increased $1.6 billion or 1.0 percent to $165.7 billion, the U.S. Census Bureau announced today. This was the second increase in the last three months. This followed a 2.6 percent August decrease. Excluding transportation, new orders increased 0.9 percent. Excluding defense, new orders increased 0.5 percent.

Machinery, up five of the last six months, had the largest increase, $1.7 billion or 7.9 percent to $23.4 billion.

Shipments

Shipments of manufactured durable goods in September, up three of the last four months, increased $1.3 billion or 0.8 percent to $172.6 billion. This followed a 1.4 percent August decrease.

Transportation equipment, also up three of the last four months, had the largest increase, $2.4 billion or 5.6 percent to $44.9 billion. This was led by nondefense aircraft and parts, which increased $1.4 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in September, down twelve consecutive months, decreased $3.3 billion or 0.4 percent to $733.6 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 August decrease.

Transportation equipment, down eleven of the last twelve months, had the largest decrease, $4.8 billion or 1.1 percent to $426.3 billion.

Inventories

Inventories of manufactured durable goods in September, down nine consecutive months, decreased $3.1 billion or 1.0 percent to $305.0 billion. This followed a 1.5 percent August decrease.

Transportation equipment, down two consecutive months, had the largest decrease, $2.0 billion or 2.2 percent to $89.1 billion.

Capital Goods Industries

Nondefense new orders for capital goods in September increased $1.3 billion or 2.5 percent to $53.6 billion. Shipments increased $1.2 billion or 2.2 percent to $56.6 billion. Unfilled orders decreased $3.0 billion or 0.7 percent to $419.6 billion. Inventories decreased $2.3 billion or 1.7 percent to $132.4 billion.

Defense new orders for capital goods in September increased $1.0 billion or 10.0 percent to $10.9 billion. Shipments increased $0.5 billion or 5.1 percent to $11.3 billion. Unfilled orders decreased $0.4 billion or 0.3 percent to $140.3 billion. Inventories decreased $0.4 billion or 1.8 percent to $19.8 billion.

Revised June Data

Revised seasonally adjusted August figures for all manufacturing industries were: new orders, $352.8 billion (revised from $352.9 billion); shipments, $360.0 billion (unchanged); unfilled orders, $736.8 billion (unchanged); and total inventories, $497.9 billion (revised from $498.2 billion).

Available at:

http://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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