Orders for Durable Goods Rose 1.8% in January
Washington, DC, February 27, 2017—New orders for manufactured durable goods in January increased $4.0 billion or 1.8% to $230.4 billion, the U.S. Census Bureau has announced.
This increase, up following two consecutive monthly decreases, followed a 0.8% December decrease.
Excluding transportation, new orders decreased 0.2%. Excluding defense, new orders increased 1.5%. Transportation equipment, also up following two consecutive monthly decreases, drove the increase, $4.3 billion or 6.0% to $76.4 billion.
Shipments of manufactured durable goods in January, down following two consecutive monthly increases, decreased $0.2 billion or 0.1% to $238.3 billion. This followed a 1.6% December increase. Machinery, also down following two consecutive monthly increases, drove the decrease, $0.5 billion or 1.6% to $30.7 billion.
Unfilled orders for manufactured durable goods in January, down seven of the last eight months, decreased $4.0 billion or 0.4% to $1,114.3 billion. This followed a 0.7% December decrease. Transportation equipment, also down seven of the last eight months, drove the decrease, $5.6 billion or 0.7% to $752.9 billion.
Related Topics:U.S. Census Bureau