Posted January 7, 2020

Manufactured goods orders decline

New orders for manufactured goods decreased 0.7 percent in November to $493.0 billion, the U.S. Census Bureau reported today.

This followed a 0.2 percent October increase. Shipments, up two consecutive months, increased 0.3 percent to $502.2 billion. This followed a 0.1 percent October increase. Unfilled orders decreased 0.4 percent to $1,158.7 billion.

Inventories, up 11 of the last 12 months, increased 0.3 percent to $701.0 billion. This followed a 0.2 percent October increase. 

New orders for manufactured durable goods decreased 2.1 percent to $242.2 billion, down from the previously published 2.0 percent decrease. This followed a 0.2 percent October increase. New orders for manufactured nondurable goods increased 0.6 percent to $250.8 billion.

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