Orders for Manufactured Goods Declined 0.5% in October
Washington, DC, December 3, 2021-New orders for manufactured durable goods in October decreased $1.2 billion or 0.5% to $260.1 billion, the U.S. Census Bureau announced. This decrease, down two consecutive months, followed a 0.4% September decrease. Excluding transportation, new orders increased 0.5%. Excluding defense, new orders increased 0.8%. Transportation equipment, down three of the last four months, drove the decrease, 2.0 billion or 2.6% to $75.3 billion.
Shipments of manufactured durable goods in October, up five of the last six months, increased $4.0 billion or 1.5% to $261.5 billion. This followed a 0.6% September increase. Transportation equipment, up following two consecutive monthly decreases, led the increase, $2.3 billion or 3.2% to $75.3 billion.
Unfilled orders for manufactured durable goods in October, up nine consecutive months, increased $3.1 billion or 0.2% to $1,249.7 billion. This followed a 0.7 percent September increase. Machinery, up nineteen consecutive months, led the increase, $1.4 billion or 1.2% to $113.7 billion.
Related Topics:U.S. Census Bureau