Manufactured Goods Orders Down 1.0 Percent in September

New orders for manufactured goods fell in September for the second consecutive month, falling 1.0 percent to $466.3 billion, according to the U.S. Census Bureau. New orders excluding transportation fell 0.6 percent to $391.0.


New orders for manufactured durable goods fell 1.2 percent to $231.2 billion, after falling 2.9 percent in August. New orders for transportation equipment led the decrease, falling 3.1 percent to $75.3 billion, as orders for non-defense aircrafts and parts fell by over $5 billion in September.

Shipments increased 0.1 percent to $242.2 billion, following a 0.5 percent decline in August. Inventories fell once again, declining 0.4 percent to $399.1 billion, after a 0.2 percent August decrease. Unfilled orders fell for the second consecutive month, falling 0.5 percent to $1,187.9 billion, after a 0.3 percent decrease last month.

Read the Census release.


About Author

Tim Nicholson

Tim Nicholson is an economic research associate at ABA.