Manufactured Goods Orders Fell in April

New orders for manufactured goods fell 0.2% to $469.0 billion in April, according to the U.S. Census Bureau. It was the first decrease in five months. The April reading followed a 1.0% March increase.

New orders for manufactured durable goods decreased 0.8% to $231.0 billion. Orders for transportation equipment drove the decline, falling 1.4% to $78.4 billion.

Shipments of manufactured durable goods, down three of the last four months, decreased 0.4% to $232.8 billion.

Inventories of manufactured durable goods, up nine of the last ten months, increased 0.2% to $394.6 billion.

Read the Census release.

About Stephen Newton

Stephen Newton is an economic research associate at ABA.
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