New Orders for Manufactured Goods Down 0.1% in October
Shipments increase $2.7 billion in October
WASHINGTON — New orders for manufactured goods in October decreased $0.3 billion or 0.1 percent to $479.6 billion reported the U.S. Census Bureau. This report followed a 1.7 percent September increase.
Shipments, up 10 of the last 11 months, increased $2.7 billion or 0.6 percent to $484.2 billion. This followed a 1.1 percent September increase.
Unfilled orders, down three of the last four months, decreased $0.2 billion or virtually unchanged to $1,135.1 billion. This followed a 0.3 percent September increase. The unfilled orders-to-shipments ratio was 6.68, unchanged from September.
Inventories, up 11 of the last 12 months, increased $1.2 billion or 0.2 percent to $661.6 billion. This followed a 0.6 percent September increase. The inventories-to-shipments ratio was 1.37, unchanged from September.
For more information, visit http://www.census.gov/m3.
Publication date: 12/13/17