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New orders for manufactured goods increased 1.2 percent to $470.2 billion in January, the U.S. Census Bureau reported. New orders for manufactured durable goods increased 2 percent to $230.7 billion, up from the previously published 1.8 percent increase. New orders for manufactured nondurable goods increased 0.4 percent to $239.5 billion.
Transportation equipment led the increase in durable goods orders, up 6.2 percent to $76.5 billion.
Shipments increased 0.2 percent to $478.3 billion. Unfilled orders decreased 0.4 percent to $1,114.1 billion. The unfilled orders-to-shipments ratio was 6.57, down from 6.59 in December.
Inventories increased 0.2 percent to $627.9 billion. The inventories-to-shipments ratio was 1.31, unchanged from December.
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