Durable goods orders - 8:35AM

Full report here Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders June 2009 New Orders New orders for manufactured durable goods in June decreased $4.1 billion or 2.5 percent to $158.6 billion, the U.S. Census Bureau announced today. This decrease followed two consecutive monthly increases including a 1.3 percent May increase. Excluding transportation, new orders increased 1.1 percent. Excluding defense, new orders decreased 0.7 percent. Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $5.3 billion or 12.8 percent to $36.5 billion. Shipments Shipments of manufactured durable goods in June, down eleven consecutive months, decreased $0.3 billion or 0.2 percent to $168.3 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 2.6 percent May decrease. Computers and electronic products, down five of the last six months, had the largest decrease, $0.4 billion or 1.6 percent to $27.4 billion. Unfilled Orders Unfilled orders for manufactured durable goods in June, down nine consecutive months, decreased $6.6 billion or 0.9 percent to $740.1 billion. This followed a 0.3 percent May decrease. Transportation equipment, down nine consecutive months, had the largest decrease, $5.9 billion or 1.3 percent to $433.3 billion. Inventories Inventories of manufactured durable goods in June, down six consecutive months, decreased $3.0 billion or 0.9 percent to $318.8 billion. This followed a 1.1 percent May decrease. Computers and electronic products, down six consecutive months, had the largest decrease, $0.8 billion or 1.7 percent to $44.8 billion. Capital Goods Nondefense new orders for capital goods in June decreased $1.8 billion or 3.4 percent to $51.3 billion. Shipments decreased $0.1 billion or 0.1 percent to $55.8 billion. Unfilled orders decreased $4.5 billion or 1.1 percent to $424.8 billion. Inventories decreased $0.7 billion or 0.5 percent to $140.6 billion. Defense new orders for capital goods in June decreased $3.4 billion or 28.3 percent to $8.6 billion. Shipments increased $0.4 billion or 4.3 percent to $10.8 billion. Unfilled orders decreased $2.2 billion or 1.5 percent to $142.2 billion. Inventories decreased $0.1 billion or 0.4 percent to $20.2 billion. Revised May Data Revised seasonally adjusted May figures for all manufacturing industries were: new orders, $346.9 billion (revised from $347.9 billion); shipments, $352.9 billion (revised from $353.3 billion); unfilled orders, $746.7 billion (revised from $747.3 billion); and total inventories, $512.8 billion (revised from $513.3 billion).