The Durable Goods advance report shows the impact Covad-19 is starting to have on the economy. New orders dropped by -14.4% as transportation orders plunged 41% in a month. Shipments also were negative with a -4.5% drop. The airline industry is obviously decimated as the nondefense new orders for aircraft and parts sank by a whopping -295.7%!
The Manufacturers' Shipments, Inventories, and Orders report shows factory new orders increased by 1.2% for January. That's after December new orders rose by 1.3%. Durable goods new orders by themselves was revised to 2.0% from 1.8%. Transportation new orders were the monthly increase leader with a gain of 6.2%. This is after transportation equipment new orders had declined for two months.
The Manufacturers' Shipments, Inventories, and Orders report shows factory new orders increased by 0.3% for September. That's after August new orders rose by 0.4%. Durable goods new orders by themselves was revised down to -0.3% for September, but increased 0.2% in August. Transportation new orders were the worse, with a -1.1% decline.
The Manufacturers' Shipments, Inventories, and Orders report shows factory new orders declined by -1.5% for June. That's after May new orders decreased by -1.2%. Durable goods new orders by themselves plunged by -3.9% for June after an May -2.9% decrease. That ain't good folks. Transportation new orders plunged by -10.5% as nondefense aircraft and parts dropped by -58.8%.
The Manufacturers' Shipments, Inventories, and Orders report shows factory new orders declined by -1.0% for May. That's after April new orders increased 1.8%. Durable goods new orders by themselves dropped by -2.3% for May after an April 3.2% icnrease. Transportation new orders plunged by -5.7%.
The Durable Goods, advance report shows another decline in manufactured durable goods new orders for February. New orders dropped by -2.8% and has been down three of the past for months. February shipments also were negative with a -0.9% drop. Core capital goods new orders by themselves declined by -1.8%. Without transportation new orders, which includes aircraft, durable goods new orders would have decreased by -1.0%.
The Durable Goods, advance report shows new orders just jumped off of a cliff in December. New orders plunged -5.1% and even worse, November new orders was revised down to -0.5%. Not to be outdone, December shipments is also horrific with a -2.2% drop. Core capital goods new orders also plunged by -4.3%. Without transportation new orders, which includes aircraft, durable goods new orders would have decreased by -1.2%.
The Durable Goods, advance report shows new orders shot up by 2.0% in July. June showed a whopping 4.1% new orders increase. Core capital goods, showed a 2.2% monthly gain. Without transportation new orders, which includes aircraft, durable goods new orders would have increased by 0.6%. Motor vehicles & parts new orders gained 4.0% for the month.
The Manufacturers' Shipments, Inventories, and Orders report shows factory new orders declined by -0.4% for April. That's not a good start for the second quarter although March new factory orders was a blow out of 2.2%. Durable goods new orders doubled down on it's previously published decline and dropped by -1.0%.
The Durable Goods, advance report shows new orders declined by -0.5% in April. In March new orders increased 5.1% yet in February, new orders dropped by -3.5%. For April, transportation was the culprit as new orders in this category dropped -2.5%. Core capital goods, on the other hand, gained 1.0%. Without transportation new orders, which includes aircraft, durable goods new orders would have increased by 0.5%.
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