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FOR IMMEDIATE RELEASE WEDNESDAY, JULY 29, 2009, AT 8:30 A.M. EDT Chris Savage or Jessica Young Manufacturing and Construction Division (301) 763-4832

M3-1 (09)-06 CB09-122

Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders June 2009 New Orders. New orders for manufactured durable goods in June decreased $4.1 billion or 2.5 percent to $158.6 billion, the U.S. Census Bureau announced today. This decrease followed two consecutive monthly increases including a 1.3 percent May increase. Excluding transportation, new orders increased 1.1 percent. Excluding defense, new orders decreased 0.7 percent. Transportation equipment, down following two consecutive monthly increases, had the largest decrease, $5.3 billion or 12.8 percent to $36.5 billion. Shipments. Shipments of manufactured durable goods in June, down eleven consecutive months, decreased $0.3 billion or 0.2 percent to $168.3 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 2.6 percent May decrease. Computers and electronic products, down five of the last six months, had the largest decrease, $0.4 billion or 1.6 percent to $27.4 billion.

Unfilled Orders. Unfilled orders for manufactured durable goods in June, down nine consecutive months, decreased $6.6 billion or 0.9 percent to $740.1 billion. This followed a 0.3 percent May decrease. Transportation equipment, down nine consecutive months, had the largest decrease, $5.9 billion or 1.3 percent to $433.3 billion.

Inventories. Inventories of manufactured durable goods in June, down six consecutive months, decreased $3.0 billion or 0.9 percent to $318.8 billion. This followed a 1.1 percent May decrease. Computers and electronic products, down six consecutive months, had the largest decrease, $0.8 billion or 1.7 percent to $44.8 billion.

Capital Goods. Nondefense new orders for capital goods in June decreased $1.8 billion or 3.4 percent to $51.3 billion. Shipments decreased $0.1 billion or 0.1 percent to $55.8 billion. Unfilled orders decreased $4.5 billion or 1.1 percent to $424.8 billion. Inventories decreased $0.7 billion or 0.5 percent to $140.6 billion. Defense new orders for capital goods in June decreased $3.4 billion or 28.3 percent to $8.6 billion. Shipments increased $0.4 billion or 4.3 percent to $10.8 billion. Unfilled orders decreased $2.2 billion or 1.5 percent to $142.2 billion. Inventories decreased $0.1 billion or 0.4 percent to $20.2 billion.

Revised May Data. Revised seasonally adjusted May figures for all manufacturing industries were: new orders, $346.9 billion (revised from $347.9 billion); shipments, $352.9 billion (revised from $353.3 billion); unfilled orders, $746.7 billion (revised from $747.3 billion); and total inventories, $512.8 billion (revised from $513.3 billion).

Figures in text are in seasonally adjusted current dollars. Figures on new and unfilled orders exclude data for semiconductor manufacturing. For data, call (301) 763-4673 or go to . Revised and more detailed estimates, plus nondurable goods data, will be published on August 5, 2009, at 10:00 a.m. EDT. The advance report on durable goods for July is scheduled for release on August 26, 2009, at 8:30 a.m. EDT. See back page for survey description.

2

Table 1. Durable Goods Manufacturers' Shipments and New Orders

[Millions of Dollars]

Monthly

Not Seasonally Adjusted 1 Monthly

Seasonally Adjusted Percent Change

Year to Date

Item Jun 2 2009

May r 2009

Apr 2009

May Jun 2

Apr r May

Shipments………………………….. New Orders4…………………………

168,330 158,571

168,599 162,623

173,180 160,510

-0.2 -2.5

-2.6 1.3

Excluding transportation: Shipments………………………….. New Orders4…………………………

125,882 122,032

126,489 120,739

128,231 119,742

-0.5 1.1

Excluding defense: Shipments………………………….. New Orders4…………………………

154,192 146,513

155,090 147,572

159,795 146,298

Manufacturing with unfilled orders: Shipments………………………….. New Orders4…………………………

122,154 115,582

121,454 119,085

Primary metals: Shipments………………………….. New Orders…………………………

12,015 12,678

Fabricated metal products: Shipments………………………….. New Orders…………………………

Mar Apr

Percent Change 09/08

Jun 2009 2

May r 2009

Jun 2008

-0.7 1.4

184,255 171,322

168,362 159,275

229,644 1,032,675 1,282,702 228,345 953,538 1,300,357

-19.5 -26.7

-1.4 0.8

-0.9 -0.2

137,337 131,502

125,791 119,863

171,670 168,936

769,453 725,467

953,636 947,081

-19.3 -23.4

-0.6 -0.7

-2.9 0.9

-0.9 0.2

169,166 158,945

154,940 146,552

217,059 213,706

954,737 1,214,837 879,489 1,227,964

-21.4 -28.4

124,037 115,426

0.6 -2.9

-2.1 3.2

-2.1 1.7

134,308 124,006

121,165 115,477

167,415 169,528

745,158 687,162

916,754 964,616

-18.7 -28.8

12,071 11,647

12,473 11,668

-0.5 8.9

-3.2 -0.2

-4.9 0.2

13,084 13,726

12,475 11,997

24,441 24,296

78,728 74,921

135,117 137,680

-41.7 -45.6

23,304 22,399

23,229 22,448

23,804 23,009

0.3 -0.2

-2.4 -2.4

-2.7 3.4

24,929 23,493

23,659 23,528

29,564 28,949

143,194 137,367

165,681 170,173

-13.6 -19.3

Machinery: Shipments………………………….. New Orders…………………………

23,243 23,267

23,127 22,297

22,812 20,772

0.5 4.4

1.4 7.3

-3.8 0.2

25,146 24,012

23,195 21,892

31,657 31,707

142,829 132,052

177,649 188,601

-19.6 -30.0

Computers and electronic products: Shipments………………………….. New Orders4…………………………

27,350 24,081

27,793 24,707

28,449 24,177

-1.6 -2.5

-2.3 2.2

3.0 -3.5

30,683 27,304

25,828 22,004

34,809 31,915

164,221 142,230

190,965 163,413

-14.0 -13.0

Computers and related products: Shipments………………………….. New Orders…………………………

4,375 4,578

4,352 4,635

4,376 3,999

0.5 -1.2

-0.5 15.9

-0.4 -7.3

5,368 5,571

3,744 4,027

6,193 6,539

25,558 25,187

30,862 31,102

-17.2 -19.0

Communications equipment: Shipments………………………….. New Orders…………………………

4,722 4,379

4,528 4,911

4,672 4,982

4.3 -10.8

-3.1 -1.4

-2.4 6.8

5,810 5,072

4,224 4,481

7,197 6,720

27,380 28,076

33,803 34,744

-19.0 -19.2

Semiconductors: Shipments………………………….. New Orders4…………………………

3,187 (NA)

3,607 (NA)

4,059 (NA)

-11.6 (NA)

-11.1 (NA)

40.4 (NA)

2,631 (NA)

3,399 (NA)

3,412 (NA)

21,141 (NA)

30,207 (NA)

-30.0 (NA)

Electrical equipment, appliances, and components: Shipments………………………….. New Orders…………………………

8,275 8,014

8,303 7,943

8,613 8,111

-0.3 0.9

-3.6 -2.1

1.5 -0.9

8,969 8,485

8,312 8,090

11,375 12,027

50,398 48,958

63,578 66,173

-20.7 -26.0

Transportation equipment: Shipments………………………….. New Orders…………………………

42,448 36,539

42,110 41,884

44,949 40,768

0.8 -12.8

-6.3 2.7

-0.2 6.3

46,918 39,820

42,571 39,412

57,974 59,409

263,222 228,071

329,066 353,276

-20.0 -35.4

Motor vehicles and parts: Shipments………………………….. New Orders…………………………

22,527 22,419

22,766 22,637

25,030 24,781

-1.0 -1.0

-9.0 -8.7

2.0 1.3

24,462 24,133

23,242 22,896

35,145 34,762

146,582 145,315

212,732 211,418

-31.1 -31.3

Nondefense aircraft and parts: Shipments………………………….. New Orders…………………………

7,301 3,925

7,218 6,384

7,764 3,980

1.1 -38.5

-7.0 60.4

-2.5 -1.3

8,795 4,972

7,249 5,100

10,191 11,214

46,407 21,669

50,587 73,799

-8.3 -70.6

Defense aircraft and parts: Shipments………………………….. New Orders…………………………

6,182 7,065

5,693 5,432

5,302 5,417

8.6 30.1

7.4 0.3

-4.1 1.2

6,743 7,456

5,567 4,500

5,198 5,062

31,712 31,845

25,878 27,523

22.5 15.7

All other durable goods: Shipments………………………….. New Orders…………………………

31,695 31,593

31,966 31,697

32,080 32,005

-0.8 -0.3

-0.4 -1.0

0.3 -0.2

34,526 34,482

32,322 32,352

39,824 40,042

190,083 189,939

220,646 221,041

-13.9 -14.1

Capital goods:3 Shipments………………………….. New Orders…………………………

66,613 59,885

66,235 65,117

66,759 59,890

0.6 -8.0

-0.8 8.7

-1.9 1.3

73,719 64,549

64,768 60,258

84,965 87,829

401,085 354,103

458,777 497,474

-12.6 -28.8

Nondefense capital goods: Shipments………………………….. New Orders…………………………

55,770 51,256

55,835 53,080

56,467 48,648

-0.1 -3.4

-1.1 9.1

-2.8 -3.5

62,389 56,024

54,265 49,971

75,516 76,478

340,965 297,189

406,139 441,681

-16.0 -32.7

Excluding aircraft: Shipments……………………… New Orders……………………..

52,011 51,011

51,963 50,307

52,243 48,241

0.1 1.4

-0.5 4.3

-2.9 -3.5

57,789 55,137

50,181 48,155

69,938 69,878

316,291 299,566

378,721 392,813

-16.5 -23.7

Defense capital goods: Shipments………………………….. New Orders…………………………

10,843 8,629

10,400 12,037

10,292 11,242

4.3 -28.3

1.0 7.1

2.7 28.8

11,330 8,525

10,503 10,287

9,449 11,351

60,120 56,914

52,638 55,793

14.2 2.0

2009

2008

DURABLE GOODS Total:

NA Not Available

r

Revised

1

Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations; unfilled orders and total inventories are as of the end of the period and are not adjusted for trading-day or calendar-month variations.

2

Based on advance sample. Estimates of manufacturers' shipments, inventories, and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Further details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-3(07), "Manufacturers' Shipments, Inventories, and Orders: 2004-2007.

3

The Capital Goods Industries include Nondefense : small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery; industrial machinery; vending laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment and supplies Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space vehicles, and parts, ships and boats, and search and navigation equipmen

4

Data on new and unfilled orders are not available for the semiconductor industry. Estimates and percent changes for new orders and unfilled orders exclude semiconductor industry data. Inventories for semiconductor industry data are included in computers and electronic products and total durable goods industries, but are not shown separately

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Table 2. Durable Goods Manufacturers' Unfilled Orders and Total Inventories

[Millions of Dollars]

Monthly

Seasonally Adjusted Percent Change

Item Jun 2 2009

May 2009 r

Apr 2009

May Jun2

Apr May r

Mar Apr

Not Seasonally Adjusted 1 Monthly Percent Change Jun May Jun 2009/ 2008 2008 2009 2 2009 r

DURABLE GOODS Total: Unfilled Orders4…………………… Total Inventories…………………..

740,140 318,802

746,712 321,766

749,081 325,404

-0.9 -0.9

-0.3 -1.1

-1.1 -1.2

740,757 314,817

751,059 322,943

819,678 330,660

-9.6 -4.8

Excluding transportation: 4 Unfilled Orders …………………… Total Inventories…………………..

306,845 225,383

307,508 228,532

309,651 231,949

-0.2 -1.4

-0.7 -1.5

-1.4 -1.8

308,073 222,425

311,277 229,050

358,673 244,121

-14.1 -8.9

Excluding defense: 4 Unfilled Orders …………………… Total Inventories…………………..

581,822 292,671

586,314 295,519

590,225 299,143

-0.8 -1.0

-0.7 -1.2

-1.6 -1.4

582,090 288,688

589,680 296,538

663,841 306,075

-12.3 -5.7

Manufacturing with unfilled orders: 4 Unfilled Orders …………………… Total Inventories…………………..

740,140 256,301

746,712 258,960

749,081 261,835

-0.9 -1.0

-0.3 -1.1

-1.1 -1.2

740,757 253,338

751,059 260,103

819,678 265,041

-9.6 -4.4

Primary metals: Unfilled Orders……………………. Total Inventories…………………..

14,199 26,347

13,536 27,073

13,960 27,958

4.9 -2.7

-3.0 -3.2

-5.5 -3.6

14,520 26,108

13,878 26,889

29,826 33,543

-51.3 -22.2

Fabricated metal products: Unfilled Orders……………………. Total Inventories…………………..

49,885 38,992

50,790 39,665

51,571 40,410

-1.8 -1.7

-1.5 -1.8

-1.5 -2.4

50,908 38,662

52,344 39,515

63,911 43,445

-20.3 -11.0

Machinery: Unfilled Orders……………………. Total Inventories…………………..

87,657 51,383

87,633 51,684

88,463 52,349

0.0 -0.6

-0.9 -1.3

-2.3 -1.5

87,134 50,557

88,268 51,917

101,339 53,300

-14.0 -5.1

Computers and electronic products: 4 Unfilled Orders …………………… Total Inventories…………………..

123,742 44,787

123,824 45,576

123,303 45,970

-0.1 -1.7

0.4 -0.9

-0.2 -0.7

123,729 43,742

124,477 45,954

124,422 45,427

-0.6 -3.7

Computers and related products: Unfilled Orders……………………. Total Inventories…………………..

3,719 4,343

3,516 4,406

3,233 4,599

5.8 -1.4

8.8 -4.2

-10.4 -2.0

3,719 4,160

3,516 4,568

3,957 4,887

-6.0 -14.9

Communications equipment: Unfilled Orders……………………. Total Inventories…………………..

37,323 9,867

37,666 10,474

37,283 10,327

-0.9 -5.8

1.0 1.4

0.8 0.3

37,450 9,441

38,188 10,588

37,358 9,275

0.2 1.8

Semiconductors: Unfilled Orders4…………………… Total Inventories4………………….

(NA) (NA)

(NA) (NA)

(NA) (NA)

(NA) (NA)

(NA) (NA)

(NA) (NA)

(NA) (NA)

(NA) (NA)

(NA) (NA)

(NA) (NA)

Electrical equipment, appliances, and components: Unfilled Orders……………………. Total Inventories…………………..

20,072 12,970

20,333 13,194

20,693 13,390

-1.3 -1.7

-1.7 -1.5

-2.4 -2.2

20,159 12,857

20,643 13,369

25,659 15,177

-21.4 -15.3

Transportation equipment: Unfilled Orders……………………. Total Inventories…………………..

433,295 93,419

439,204 93,234

439,430 93,455

-1.3 0.2

-0.1 -0.2

-0.9 0.3

432,684 92,392

439,782 93,893

461,005 86,539

-6.1 6.8

Motor vehicles and parts: Unfilled Orders……………………. Total Inventories…………………..

14,616 18,909

14,724 18,951

14,853 19,315

-0.7 -0.2

-0.9 -1.9

-1.6 -2.4

14,382 18,626

14,711 18,968

17,251 23,369

-16.6 -20.3

Nondefense Aircraft and parts: Unfilled Orders……………………. Total Inventories…………………..

283,922 47,617

287,298 47,122

288,132 47,038

-1.2 1.1

-0.3 0.2

-1.3 0.8

283,372 47,005

287,195 47,537

303,827 37,431

-6.7 25.6

Defense Aircraft and parts: Unfilled Orders……………………. Total Inventories…………………..

48,190 15,525

47,307 15,482

47,568 15,543

1.9 0.3

-0.5 -0.4

0.2 2.2

48,360 15,602

47,647 15,591

44,947 14,594

7.6 6.9

All other durable goods: Unfilled Orders……………………. Total Inventories…………………..

11,290 50,904

11,392 51,340

11,661 51,872

-0.9 -0.8

-2.3 -1.0

-0.6 -1.5

11,623 50,499

11,667 51,406

13,516 53,229

-14.0 -5.1

Capital goods: Unfilled Orders……………………. Total Inventories…………………..

566,969 160,743

573,697 161,493

574,815 162,614

-1.2 -0.5

-0.2 -0.7

-1.2 -0.3

566,953 158,418

576,123 162,546

614,154 154,172

-7.7 2.8

Nondefense capital goods: Unfilled Orders……………………. Total Inventories…………………..

424,756 140,584

429,270 141,246

432,025 142,341

-1.1 -0.5

-0.6 -0.8

-1.8 -0.5

424,494 138,338

430,859 142,250

474,357 134,987

-10.5 2.5

Excluding aircraft: Unfilled Orders……………….. Total Inventories………………

176,092 102,502

177,092 103,670

178,748 104,797

-0.6 -1.1

-0.9 -1.1

-2.2 -1.2

176,457 100,760

179,109 104,427

202,876 105,867

-13.0 -4.8

Defense capital goods: Unfilled Orders……………………. Total Inventories…………………..

142,213 20,159

144,427 20,247

142,790 20,273

-1.5 -0.4

1.1 -0.1

0.7 1.0

142,459 20,080

145,264 20,296

139,797 19,185

1.9 4.7

3

See footnotes at end of Table 1