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.
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.
