The May 2011 U.S. trade deficit increased $6.6 billion to $50.2 billion. This is a 15.13% monthly increase in the trade deficit. In January the trade deficit increased 18.5% and the trade deficit wasn't this big since October 2008. Exports decreased $1 billion from last month.
New Orders in Durable Goods increased +1.9% for May 2011. April was significantly revised to -2.7% from -3.6%.
Core capital goods new orders increased +1.6%, after declining -0.8% last month. Core capital goods is an investment gauge for the bet the private sector is placing on America's future economic growth.
New Orders in Durable Goods decreased -3.6% for April 2011, after last month's +4.4% increase, which was significantly revised. New orders dropped $7.1 billion to $189.9 billion in a month. That's not good news and the biggest drop since October 2010.
The Manufacturers’ Shipments, Inventories and Orders for March 2011 was released today. New orders overall increased 3.0%. Removing transportation (which includes aircraft) from the numbers, new orders increased 2.6%. This report is commonly referred to as Factory Orders in the press and refers to domestic manufactured goods, both durable and non-durable.
New Orders in Durable Goods decreased -0.9% for February 2011, after last month's +3.6% increase, which was significantly revised. To read why last month's report was not good news, click here.
New Orders in Durable Goods increased +2.7% for January 2011, after last month's -0.4% decrease, which was significantly revised. In spite of the final numbers, this report is not good news. New orders in transportation equipment, which includes non-defense air-o-planes increased 27.6%. Core capital goods new orders decreased -6.9%.
New Orders in Durable Goods dropped -2.5% for December 2010, after last month's -0.1% decrease, which was significantly revised. New orders has declined 4 of the past 5 months. New orders in non-defense capital goods decreased -6.3%. Core capital goods new orders increased 1.4%. Nondefense aircraft & parts new orders dropped -99.5%. Even for volatile aircraft that's an astounding drop.
The Manufacturers’ Shipments, Inventories and Orders for November 2010 was released today. New orders overall increased 0.7%. Removing transportation (which includes aircraft) from the numbers, new orders increased 2.4%. This report is commonly referred to as Factory Orders in the press and refers to domestic manufactured goods, both durable and non-durable.
New Orders in Durable Goods dropped -1.3% for November 2010, after last month's -3.1% decrease, revised. New orders has declined 3 of the past 4 months. New orders in non-defense capital goods decreased -6.8%. Core capital goods new orders increased 2.6%. Nondefense aircraft & parts new orders dropped -53.1% and shipments declined -8.6%.
New Orders in Durable Goods dropped 3.3% for October 2010, but last month's 3.3% increase was revised up to 5%. New orders has declined 3 of the past 5 months. New orders in non-defense capital goods decreased -4.5%. Core capital goods new orders also fell -4.5%.
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