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HIGHLIGHTS FROM THE PRELIMINARY REPORT ON MANUFACTURERS' SHIPMENTS,
INVENTORIES, AND ORDERS SummaryNew orders for manufactured goods in September, down two consecutive months, decreased $11.2 billion or 2.5 percent to $432.0 billion, the U.S. Census Bureau reported today. This followed a 4.3 percent August decrease. Excluding transportation, new orders decreased 3.7 percent. This was the largest percent decrease since the series was first stated on a NAICS basis in 1992. Shipments, also down two consecutive months, decreased $12.5 billion or 2.8 percent to $432.9 billion. This followed a 3.7 percent August decrease. Unfilled orders, up thirty-one of the last thirty-two months, increased $3.0 billion or 0.4 percent to $829.5 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.3 percent August increase. The unfilled orders-toshipments ratio was unchanged from 5.50 in August. Inventories, down following four consecutive monthly increases, decreased $4.1 billion or 0.7 percent to $558.7 billion. This followed a 0.7 percent August increase.The inventories-to-shipments ratio was 1.29, up from 1.26 in August. New Orders New orders for manufactured durable goods inSeptember, up four of the
last five months, increased $1.8 billion or 0.9 percent to $207.9 billion,
revised from the previously published 0.8 percent increase. This followed
a 5.5 percent August decrease. Shipments Shipments of manufactured durable goods in September, up three of the
last four months, increased$0.5 billion or 0.3 percent to $208.9 billion,
revised from the previously published 0.2 percent increase. This followed
a 4.2 percent August decrease. Unfilled Orders Unfilled orders for manufactured durable goods in September, up thirty-one
of the last thirty-two months, increased $3.0 billion or 0.4 percent to
$829.5 billion, unchanged from the previously published increase. This
was also at the highest level since the series was first stated on a NAICS
basis in 1992 and followed a 0.3 percent August increase. Inventories Inventories of manufactured durable goods in September, up fourteen of
the last fifteen months, increased $1.2 billion or 0.4 percent to $340.3
billion, unchanged from the previously published increase. This was also
at the highest level since the series was first stated on a NAICS basis
in 1992 and followed a 0.8 percent August increase. By stage of fabrication, September materials and supplies increased 0.4
percent in durable goods and decreased 0.8 percent in nondurable goods.
Work in process increased 0.5 percent in durable goods and decreased 3.3
percent in nondurable goods. Finished goods increased 0.2 percent in durable
goods and decreased 3.1 percent in nondurable goods.
Released November 4, 2008. Note: All figures in text are in seasonally adjusted current dollars. The advance report on durable goods for October is scheduled for November 26, 2008 at 8:30 a.m. and the full report on December 4, 2008 at 10:00 a.m. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. Our internet address is: http://www.census.gov/m3
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