{"id":541965,"date":"2010-04-23T08:33:00","date_gmt":"2010-04-23T12:33:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/durable-goods-crashes-below-expectations-2010-4"},"modified":"2010-04-23T08:33:00","modified_gmt":"2010-04-23T12:33:00","slug":"durable-goods-orders-crash-below-expectations","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/541965","title":{"rendered":"Durable Goods Orders Crash Below Expectations"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/95b9b914abd4d04930896600\/auto-factory-tbi.jpg\" border=\"0\" alt=\"auto factory tbi\" \/><\/p>\n<\/p>\n<p>Durable goods orders came in at -1.3%, far below the Reuters-based consensus estimate of a 0.3% rise.<\/p>\n<p>But the good news was a +1.1% revision of February data.<\/p>\n<p>Read the government report <a href=\"http:\/\/www.census.gov\/manufacturing\/m3\/\">here &gt;<\/a><\/p>\n<p>&#8212;<\/p>\n<p>New orders for manufactured durable goods in March decreased $2.2 billion or 1.3 percent to $176.7 billion, the U.S. Census Bureau announced today. This decrease followed three consecutive monthly increases, including a 1.1 percent February increase. Excluding transportation, new orders increased 2.8 percent. Excluding defense, new orders decreased 1.2 percent.<\/p>\n<p>Transportation equipment, down two consecutive months, had the largest decrease, $5.9 billion or 12.9 percent to $40.2 billion. This was due to nondefense aircraft and parts which decreased $6.5 billion.<\/p>\n<p>Shipments<\/p>\n<p>Shipments of manufactured durable goods in March, up following two consecutive monthly decreases, increased $2.2 billion or 1.2 percent to $182.2 billion. This followed a 0.5 percent February decrease.<\/p>\n<p>Machinery, up two consecutive months, had the largest increase, $1.0 billion or 4.3 percent to $24.0 billion.<\/p>\n<p>Unfilled Orders<\/p>\n<p>Unfilled orders for manufactured durable goods in March, down following two consecutive monthly increases, decreased $2.3 billion or 0.3 percent to $719.8 billion. This followed a 0.4 percent February increase.<\/p>\n<p>Transportation equipment, also down following two consecutive monthly increases, had the largest decrease, $4.6 billion or 1.1 percent to $408.6 billion.<\/p>\n<p>Inventories<\/p>\n<p>Inventories of manufactured durable goods in March, up three consecutive months, increased $0.5 billion or 0.2 percent to $304.7 billion. This followed a 0.5 percent February increase. Primary metals, up five consecutive months, had the largest increase, $0.5 billion or 1.8 percent to $27.1 billion.<\/p>\n<p>Capital Goods<\/p>\n<p>Nondefense new orders for capital goods in March decreased $4.6 billion or 7.5 percent to $56.1 billion. Shipments increased $1.4 billion or 2.4 percent to $59.0 billion. Unfilled orders decreased $2.9 billion or 0.7 percent to $409.1 billion. Inventories decreased $0.5 billion or 0.4 percent to $132.1 billion.<\/p>\n<p>Defense new orders for capital goods in March decreased $0.4 billion or 4.0 percent to $10.0 billion. Shipments increased $0.1 billion or 0.7 percent to $10.9 billion. Unfilled orders decreased $0.9 billion or 0.6 percent to $131.3 billion. Inventories decreased $0.1 billion or 0.6 percent to $20.6 billion.<\/p>\n<p>Revised February Data<\/p>\n<p>Revised seasonally adjusted February figures for all manufacturing industries were: new orders, $384.3 billion (revised from $383.5 billion); shipments, $385.4 billion (revised from $384.9 billion); unfilled orders, $722.0 billion (revised from $722.2 billion); and total inventories, $499.7 billion (revised from $498.3 billion).<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/durable-goods-crashes-below-expectations-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/FA8J5AYlI0g\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Durable goods orders came in at -1.3%, far below the Reuters-based consensus estimate of a 0.3% rise. But the good news was a +1.1% revision of February data. Read the government report here &gt; &#8212; New orders for manufactured durable goods in March decreased $2.2 billion or 1.3 percent to $176.7 billion, the U.S. Census [&hellip;]<\/p>\n","protected":false},"author":6524,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-541965","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/541965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6524"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=541965"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/541965\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=541965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=541965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=541965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}