November Factory Orders Fall More Than Expected - Modern Distribution Management

Log In

November Factory Orders Fall More Than Expected

The drop in factory orders followed three consecutive monthly increases.
New Orders for Manufactured Goods Drops in February

New orders for manufactured goods totaled $543.3 billion in November 2022, down 1.8% from October 2022, according to data provided by the U.S. Census Bureau on Jan. 6.

It’s a significant drop that follows three consecutive monthly increases, including a 0.4% October increase. The 1.8% decrease outpaced the 0.8% drop economists polled by Reuters had forecast for November. Despite the month-to-month decrease, factory orders increased 12.2% year-over-year.

The decline in factory orders was led by a 6.3% drop in bookings for transportation equipment, following a 1.9% increase in October. Transportation equipment orders were wracked by a 36.4% plunge in orders for civilian aircraft, according to the data. Orders for defense aircraft also took a hit, falling 8.6%.

Source: U.S. Census Bureau

MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.