U.S. October Factory Goods Orders Fall 3.6% - Modern Distribution Management

Log In

U.S. October Factory Goods Orders Fall 3.6%

It followed two straight months of increases.
High-volume production scenes capturing the magnitude of goods being manufactured and ready for distribution. Generative Ai

New orders for U.S. manufactured goods fell 3.6% in October following two straight months of increases, according to the latest data from the U.S. Census Bureau released Dec. 4.

October orders decreased by $21.8 billion to a total of $576.8 billion, following increases of 2.3% in September and 1.0% in August.

  • October shipments, down two consecutive months, likewise fell 1.4% from September to $577.8 billion.
  • Unfilled orders, up 10 of the past 11 months, increased 0.3% in October to $1.357 trillion, following a 1.3% September increase.
  • October’s unfilled orders-to-shipments ratio was 6.90, up from 6.88 in September.
  • Inventories, up four consecutive months, ticked up 0.1% to $857 billion, following a 0.1% September increase.
  • October’s inventories-to-shipments ratio was 1.48, up from 1.46 in September.

New orders

Bureau data showed that October orders for manufactured durable goods, down three of the past four months, fell 5.4% from September to $279.4 billion — unchanged from the Nov. 22 advance report — following a 4.0% increase. Transportation equipment drove the decline with a 14.7% decrease. New orders for manufactured nondurable goods decreased 1.9% to $297.3 billion.

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 mdm.com, 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 MDM.com
  • 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 mdm.com
  • 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.