Manufactured goods orders decline 10.3 percent
New orders for manufactured goods declined by 10.3 percent to $445.8 billion in March, the U.S. Census Bureau reported today.
Shipments decreased by 5.2 percent to $473.6 billion.
New orders for manufactured durable goods decreased by 14.7 percent to $212.6 billion. Transportation equipment led the decrease, down 41.3 percent to $50.9 billion.
New orders for manufactured nondurable goods decreased $14.4 billion or 5.8 percent to $233.2 billion.
Shipments of manufactured durable goods decreased 4.7 percent to $240.4 billion. Nondurable goods shipments decreased 5.8 percent to $233.2 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.
