Durable Goods, Including Appliances, Up in May
Jun 29, 2012
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New orders for manufactured durable goods in May 2012 increased $2.3 billion or 1.1% to $217.2 billion, according to U.S. Census Bureau advanced estimates. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders increased 0.7%.
In the category Electrical Equipment, Appliances, and Components May seasonally adjusted Manufacturers Shipments were $10.005 billion, up 0.6% from $9.947 billion in April 2012.
Shipments of overall manufactured durable goods in May, up five of the last six months, increased $1.5 billion or 0.7% to $224.1 billion. This followed a 0.7% April increase.
Unfilled orders for overall manufactured durable goods in May, down two consecutive months, decreased $0.4 billion to $984.5 billion.
Inventories of overall manufactured durable goods in May, up twenty-eight of the last twenty-nine months, increased $1.8 billion or 0.5% to $365.8 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.3% April increase.
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