Factory orders - 10:00am

Full report here HIGHLIGHTS FROM THE PRELIMINARY REPORT ON MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS July 2009 --------------- Released 10:00 A.M. EDT September 2, 2009 (M3-2(09)-07) Note: All figures in text are in seasonally adjusted current dollars For Data - (301) 763-4673 For Questions - Chris Savage or Jessica Young (301) 763-4832 Summary New orders for manufactured goods in July, up five of the last six months, increased $4.6 billion or 1.3 percent to $355.5 billion, the U.S. Census Bureau reported today. This followed a 0.9 percent June increase. Excluding transportation, new orders decreased 0.7 percent. Shipments, down eleven of the last twelve months, decreased $0.2 billion to $359.7 billion. This followed a 1.8 percent June increase. Unfilled orders, down ten consecutive months, decreased $0.1 billion to $740.6 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992. This followed a 0.8 percent June decrease. The unfilled orders-to-shipments ratio was 5.95, down from 6.00 in June. Inventories, down eleven consecutive months, decreased $3.6 billion or 0.7 percent to $503.1 billion. This was the longest streak of consecutive monthly decreases since March 2003-January 2004 and followed a 1.1 percent June decrease. The inventories-to-shipments ratio was 1.40, down from 1.41 in June. New Orders New orders for manufactured durable goods in July, up three of the last four months, increased $8.2 billion or 5.1 percent to $169.0 billion, revised from the previously published 4.9 percent increase. This followed a 1.1 percent June decrease. New orders for manufactured nondurable goods decreased $3.6 billion or 1.9 percent to $186.5 billion. Shipments Shipments of manufactured durable goods in July, up two consecutive months, increased $3.4 billion or 2.0 percent to $173.3 billion, unchanged from the previously published increase. This followed a 0.8 percent June increase. Shipments of manufactured nondurable goods, down following two consecutive monthly increases, decreased $3.6 billion or 1.9 percent to $186.5 billion. This followed a 2.8 percent June increase. This decrease was led by petroleum and coal products, which decreased $2.7 billion or 7.2 percent to $34.3 billion. Unfilled Orders Unfilled orders for manufactured durable goods in July, down ten consecutive months, decreased $0.1 billion to $740.6 billion, revised from the previously published 0.1 percent decrease. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 0.8 percent June decrease. Inventories Inventories of manufactured durable goods in July, down seven consecutive months, decreased $2.9 billion or 0.9 percent to $313.7 billion, revised from the previously published 0.8 percent decrease. This followed a 1.5 percent June decrease. Inventories of manufactured nondurable goods, down eleven consecutive months, decreased $0.7 billion or 0.4 percent to $189.4 billion. This followed a 0.4 percent June decrease. Plastic and rubber products led the decrease, down $0.4 billion or 2.0 percent to $18.9 billion. By stage of fabrication, July materials and supplies decreased 1.8 percent in durable goods and increased 0.7 percent in nondurable goods. Work in process decreased 0.1 percent in durable goods and 0.8 percent in nondurable goods. Finished goods decreased 1.1 percent in durable goods and 1.0 percent in nondurable goods.