The Commerce Department says new orders for computers fell slightly in September, but shipments rose.
A Commerce Department report Tuesday on durable-goods orders failed to provide a clear picture of the direction the IT sector is moving. New orders for computers and related products fell by 0.4% in September after a small gain of 1.0% in August. However, shipments--a good gauge of current demand--increased 1% last month following a 7.6% decline in August. For the past 12 months, new orders are up 12.2% and shipments are up 10.7%.
As a comparison, overall durable-goods orders gained 0.8% in September and are up 0.5% for the past year. Shipments of all durable goods rose 2.5% last month but fell 0.7% from a year earlier.
Unfilled orders for computers rose 2.4% in September following a 3.8% drop in August; inventories inched ahead by 0.4% last month after gaining 2.3% in August. For the year, unfilled orders gained 26.6% and inventories fell 4.2%, both encouraging signs.
For all durable goods, unfilled orders eked out a 0.1% gain as inventories dropped by 0.7%. Year to year, unfilled orders for all durable goods fell 0.8% as inventories declined by 3.8%.
The government will release revised and more detailed estimates on durable goods Nov. 5.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.