Core PPI edged up for a sixth straight month, while overall wholesale inflation continued its deceleration.
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Meanwhile, about one-third reported decreased gross margins because of supplier price increases and other cost pressures.
The AMT said the U.S. west region saw monthly orders surge 60% from September.
Core inflation edged up 0.3% month-to-month and ended November up 4% from a year earlier.
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The September figure was also revised downward.
It followed two straight months of increases.
Spending was up 10.7% year-over-year, with nonresidential constuction up 20% from a year earlier.
The figures indicate that demand remains soft and production execution was slightly down compared to October.
GDP growth was revised up from the 4.9% issued on Oct. 26.
Nearly 30 actions were outlined at the first meeting of the Biden administration’s new Supply Chain Resilience Council.
It was a major reversal from September’s 4.0% gain, and the second considerable drop in four months.
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Factory output matched its largest one-month decline since June.
Consumption slide month-to-month, while year-to-date orders outpaced 2022’s first nine months by 8.1%.
Wholesale prices for final demand goods fell 1.4% in October, largely driven by a major drop in the price of gasoline.
U.S. consumer prices were unchanged in October vs. September, while the annual rate continued to decelerate.
The year-over-year and year-to-date figures were down by far more.
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Machinery and auto parts inventory drove the first monthly gain since February.
