Subscribe to our free, weekly email newsletter!


MAPI comments on durable goods report

Increased September figures erase August declines.
By Modern Materials Handling Staff
October 25, 2012

“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!

Recent Entries

Read this white paper to learn how to select the best YMS based on its capabilities in carrier management, gate management, dock door scheduling, yard truck management, yard visibility, and management reporting.

Synergistic cloud-based solutions to support the development of next-generation predictive and prescriptive applications for retailers.

Acquisition create demand-driven supply chain operating network.

Chris Cole and Jim McCarthy honored for leadership and entrepreneurial achievement

All awards are made to an individual, corporation or organization that has contributed to the industry in an extraordinary way or to an extraordinary degree.

Article Topics

News · Economy · MAPI · All topics


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA