Thursday, February 26, 2015

New Orders for Durable Goods Increased in January

New orders for durable manufactured goods increased 2.8% to $236.1 billion in January, according to the U.S. Census Bureau. This increase, up following two consecutive monthly decreases, followed a 3.7% decrease in December. Excluding transportation, new orders increased 0.3%.

Shipments of manufactured durable goods, down three of the last four months, decreased 1.1% to $245.1 billion, following a 1.5% increase in December.

Inventories of manufactured durable goods, up twenty-one of the last twenty-two months, increased 0.4% to $412.5 billion, and continues to be at an all-time high since the series was first published in 1992.

Read the U.S. Census Bureau release.

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