THE TRUTH IS IN THE NUMBERS NOT THE HEADLINES...BEWARE !!!!
HIGHLIGHTS FROM THE ADVANCE REPORT ON MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS
February 2009--------------- Released 8:30 A.M. EDT March 25, 2009 (M3-1(09)-02) 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 New Orders
New orders for manufactured durable goods in February increased $5.5 billion or 3.4 percent to $165.6 billion, the U.S. Census Bureau announced today. This increase follows six consecutive monthly decreases, including a 7.3 percent January decrease. Excluding transportation, new orders increased 3.9 percent. Excluding defense, new orders increased 1.7 percent. Shipments
Shipments of manufactured durable goods in February, down seven consecutive months, decreased $0.9 billion or 0.5 percent to $179.1 billion. This followed a 5.2 percent January decrease. Unfilled Orders
Unfilled orders for manufactured durable goods in February, down five consecutive months, decreased $10.5 billion or 1.3 percent to $773.7 billion. This followed a 2.0 percent January decrease.
Inventories of manufactured durable goods in February, down two consecutive months, decreased $2.9 billion or 0.9 percent to $336.8 billion. This followed a 1.1 percent January decrease.
Capital Goods Industries
Nondefense new orders for capital goods in February increased $3.6 billion or 7.4 percent to $52.8 billion.
Defense new orders for capital goods in February increased $2.6 billion or 35.3 percent to $10.0 billion.
Released March 25, 2009. This report presents advance information on two key business indicators: durable goods manufacturers' shipments and orders. Revised and more detailed estimates plus nondurable goods will be published April 2, 2009. The advance report on durable goods for March is scheduled for release April 24, 2009.