Posted April 2, 2020

Manufactured goods orders decreased in February

New orders for manufactured goods decreased $0.1 billion in February to $497.4 billion, the U.S. Census Bureau reported today.

Manufactured durable goods orders increased $3.0 billion or 1.2 percent to $249.5 billion, unchanged from the previously published increase. This followed a 0.1 percent January increase. Transportation equipment drove the increase, $3.9 billion or 4.6 percent to $86.9 billion.

New orders for manufactured nondurable goods decreased $3.0 billion or 1.2 percent to $247.9 billion.

Shipments of manufactured durable goods increased $2.2 billion or 0.9 percent to $252.4 billion.

Inventories of manufactured durable goods decreased $0.1 billion, virtually unchanged to $434.5 billion.

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