Manufactured goods orders down 2.4 percent in November
New orders for manufactured goods decreased 2.4 percent in November to $458.3 billion, the U.S. Census Bureau reported today.
This followed a 2.8 percent October increase. Orders had increased for four consecutive months prior to the November decline.
New orders for manufactured durable goods decreased 4.5 percent to $228.8 billion. This followed a 5.0 percent October increase.
Transportation equipment drove the decrease, as orders fell 13.2 percent to $76.7 billion.
New orders for manufactured nondurable goods decreased 0.2 percent to $229.6 billion.
Shipments, down following three consecutive monthly increases, decreased 0.1 percent to $463.8 billion. This followed a 0.2 percent October increase.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
