MARCH 27, 2017 - Today, the U.S. Census Bureau released the for February 2017. The Census Bureau reported that new orders for manufactured durable goods in February 2017 rose 1.7 percent, to $235.4 billion. Excluding transportation, new orders increased 0.4 percent. Shipments rose 0.3 percent. Unfilled orders were virtually unchanged, and inventories rose 0.2 percent. Capital goods new orders increased 2.6 percent and shipments increased 0.6 percent.
Machinery is the industry that led the increase in durable goods shipments. Examining machinery, shipments increased 0.9 percent to $31.1 billion. This increase, up three of the last four months, followed a 1.1 percent January decrease. New orders of machinery in February increased 0.1 percent to $31.5 billion. This increase, up 11 of the last 12 months, followed a 1.0 percent January increase. Unfilled orders of machinery grew 0.4 percent to $93.7 billion. This increase, up four of the last five months, followed a 0.6 percent January increase. Inventories of machinery rose 0.2 percent to $66.3 billion. This increase, up three of the last four months, followed a 0.1 percent January decrease.
See Advance Report on Durable Goods for the full report. Information on the survey methodology is also available.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders. Statistical significance is not measurable for this survey. The Manufacturers' Shipments, Inventories, and Orders estimates are not based on a probability sample, so the sampling error of these estimates cannot be measured nor can the confidence intervals be computed. Data adjusted for seasonal variation but not for price changes.
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Source: U.S. Department of Census Bureau
