New Orders for Manufactured Goods Up 0.3% in September

Manufactured durable goods new orders down 0.3 percent.

New orders for manufactured goods in September, up three consecutive months, increased 0.3 percent to $455.5 billion, according to the U.S. Census Bureau. This followed a 0.4 percent August increase.

Shipments, up six of the last seven months, increased 0.8 percent to $463 billion. This followed a 0.2 percent August increase.

Unfilled orders, down four consecutive months, decreased 0.4 percent to $1,118.8 billion. This followed a 0.2 percent August decrease. The unfilled orders-to-shipments ratio was 6.69, down from 6.79 in August.

Inventories, down following two consecutive monthly increases, were virtually unchanged at $621.4 billion. This followed a 0.1 percent August increase. The inventories-to-shipments ratio was 1.34, down from 1.35 in August.

New orders for manufactured durable goods in September, down following two consecutive monthly increases, decreased 0.3 percent to $226.8 billion, down from the previously published 0.1 percent decrease. This followed a 0.2 percent August increase.

Transportation equipment, also down following two consecutive monthly increases, drove the decrease, down 1.1 percent to $77.2 billion.

New orders for manufactured nondurable goods increased 0.9 percent to $228.7 billion.

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