| US Durables Orders Up 1.4% |
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| Written by Mike Buetow | |||
| Tuesday, 03 November 2009 10:54 | |||
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WASHINGTON -- New orders for manufactured goods rose in September for the fifth time in six months, increasing 0.9% This reverses a 0.8% August decrease. Excluding transportation, new orders increased 0.8%. Shipments, up three of the last four months, increased 0.8% to $363.1 billion. Unfilled orders, down twelve consecutive months, decreased 0.4% to $733.3 billion. This was the longest streak of consecutive monthly Inventories fell 1% to $492.6 billion. Inventories have been down 13 consecutive months, the longest streak since February 2001-May 2002. New orders for manufactured durable goods rose 1.4% to $166.2 billion, revised from the previously published 1% increase. This Shipments of durables rose 1.1% to $173.2 billion, revised from the previously published 0.8% increase. Shipments of nondurables rose 0.6% Inventories of durables fell 1%, while inventories of nondurables were down 0.9% to $187.7 billion. By stage of fabrication, September materials and supplies decreased 0.7% in durable goods and 0.7% in nondurable goods. Work in process decreased
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