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Friday, January 6, 2017

Manufactured Goods Orders Fell in November

New orders for manufactured goods decreased 2.4% to $458.3 billion in November, according to the U.S. Census Bureau. The November reading followed four months of increases.
New orders for manufactured durable goods fell 4.5% to $228.8 billion, after increasing 5.0% in October. Orders for transportation equipment drove the decrease, rising 13.2% to $76.7 billion.

Shipments of manufactured durable goods increased 0.1% to $234.2 billion. Primary metals led the decrease, falling 2.0% to $18.1 billion.

Inventories of manufactured durable goods increased 0.2% to $384.1 billion.

Read the Census release.
Visit Banks and the Economy.

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