MAPI comments on durable goods report

Increased September figures erase August declines.

By ·

“The manufacturing sector is showing resiliency as new orders for manufactured goods increased by 9.9 percent in September, reversing a 13.1 percent decline in August,” said Donald A. Norman, Senior Economist for the Manufacturers Alliance for Productivity and Innovation. “Much of the September increase was due to new orders for transportation equipment which increased by 31.7 percent.  Excluding transportation, new orders increased 2.0 percent, reversing the 2.1 percent decline from July to August.  The monthly series on durable goods orders is often volatile because new orders can arrive, or disappear, in big blocks.  New orders for durable goods have increased in four of the last five months.  The overall trend in new orders this year indicates that while manufacturing sector activity has slowed, it nonetheless continues to expand.

“Industry groups reporting the largest gains in new orders in September included primary metals (up 4.1 percent); machinery (up 9.2 percent) and, as noted above, transportation equipment,” Norman noted. “Industries that saw orders decline included computers and electronic products (down 2.5 percent) and electrical equipment (down 2.7 percent).  Orders for motor vehicles and parts were down 0.4 percent, an improvement from August when they were down 11.6 percent.”


Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Article Topics

Economy · MAPI · · All Topics
Latest Whitepaper
Peek Inside Trinchero’s New Automated Warehouse
When Trinchero Family Estates, one of the world's top wineries, consolidated its bottling and distribution with production, they knew they needed to ramp up speed and throughput. Partnering with Swisslog helped them achieve that goal—and more.
Download Today!
From the March 2017 Modern Materials Handling Online Issue
If the early attendee forecast is any indication, you may have already landed in Chicago for ProMat 2017 (April 3-6), the materials handling industry’s leading trade show and educational conference, sponsored by MHI.
Lawson Products: Automation that fits
Lawson’s multi-purpose distribution center
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2016 Warehouse/DC Operations Webcast: Confronting omni-channel complexity
During this webcast we’ll examine the current activities, trends, and best practices in warehouse and DC operations management and how companies plan to address complex issues associate with omni-channel fulfillment.
Register Today!
EDITORS' PICKS
2017 Productivity Achievement Awards
Modern’s annual Productivity Achievement Awards honor companies that have made exceptional...
Johnson & Johnson: A vision for automation
J&J Vision Care brings together a variety of automated technologies, including an innovative...

Using AGVs at LEDVANCE
The lighting manufacturer reaped savings by reducing maintenance costs and product damage, and using...
System Report: Sustainable Distribution at REI
Specialty outdoor retailer REI’s new distribution center brings together the next generation of...