Research >> Economics
New orders for manufactured goods decreased 1.0% in September
New orders for manufactured goods in September, down two consecutive months, decreased $4.7 billion or 1.0 percent to $466.3 billion, the U.S. Census Bureau reported today. This followed a 2.1 percent August decrease.
Shipments, down five of the last six months, decreased $1.8 billion or 0.4 percent to $477.3 billion. This followed a 0.9 percent August decrease.
Unfilled orders, down two consecutive months, decreased $6.2 billion or 0.5 percent to $1,187.9 billion. This followed a 0.3 percent August decrease. The unfilled orders-to-shipments ratio was 6.88, down from 6.89 in August.
Inventories, down three consecutive months, decreased $2.4 billion or 0.4 percent to $645.1 billion. This followed a 0.4 percent August decrease. The inventories-to-shipments ratio was 1.35, unchanged from August.
Posted: November 3, 2015 Tuesday 10:00 AM