Manufactured goods orders up in October
New orders for manufactured goods increased 1.5 percent in October to $473.9 billion, following two consecutive monthly decreases.
The U.S. Census Bureau reported that shipments, down six of the last seven months, decreased $2.5 billion or 0.5 percent to $475.2 billion. This followed a 0.3 percent September decrease.
New orders for manufactured durable goods increased 2.9 percent to $238.8 billion for the month. This followed a 0.8 percent September decrease.Transportation equipment led the increase, with a 7.9 percent gain to $82.0 billion.
Nondurable goods orders increased less than $0.1 billion or virtually unchanged to $235.1 billion.
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.
