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Home » Distribution Industry News » New Orders for Durable Goods Up 0.2% in August

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  • Published on: September 28, 2023

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Distribution Industry News

New Orders for Durable Goods Up 0.2% in August

New orders for manufactured durable goods in August, up five of the last six months, increased $0.5 billion or 0.2% to $284.7 billion, the U.S. Census Bureau announced.  

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This followed a 5.6% July decrease. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders decreased 0.7%. Machinery, up four of the last five months, led the increase, $0.2 billion or 0.5% to $37.8 billion.  

Shipments of manufactured durable goods in August, up three of the last four months, increased $1.4 billion or 0.5% to $284.6 billion. This followed a 0.1% July decrease. Transportation equipment, up following two consecutive monthly decreases, led the increase, $0.8 billion or 0.9% to $92.5 billion.  

Unfilled orders for manufactured durable goods in August, up eight of the last nine months, increased $5 billion or 0.4% to $1,335.9 billion. This followed a 0.5% July increase. Transportation equipment, also up eight of the last nine months, drove the increase, $5.3 billion or 0.6% to $838.7 billion.  

Inventories of manufactured durable goods in August, up following two consecutive monthly decreases, increased $1.2 billion or 0.2% to $523.6 billion.  

Transportation equipment, also up following two consecutive monthly decreases, led the increase, $0.5 billion or 0.3% to $164.4 billion.  

Nondefense new orders for capital goods in August decreased $2.6 billion or 2.9% to $86.1 billion. Shipments increased $1 billion or 1.2% to $83.3 billion. Unfilled orders increased $2.8 billion or 0.4% to $780.6 billion.  

Inventories increased $0.7 billion or 0.3% to $226 billion. Defense new orders for capital goods in August increased $2.3 billion or 18.6% to $14.8 billion. Shipments increased $0.3 billion or 2% to $13.6 billion. Unfilled orders increased $1.1 billion or 0.5% to $212 billion. Inventories increased $0.1 billion or 0.6% to $24.3 billion.  

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