Manufactured goods orders increased in October
New orders for manufactured goods increased $1.4 billion or 0.3 percent to $497.0 billion in October, according to the U.S. Census Bureau.
The increase followed two consecutive monthly decreases.
Durable goods orders increased $1.3 billion or 0.5 percent to $248.4 billion, down from the previously published 0.6 percent increase. Transportation equipment led the increase, $0.6 billion or 0.7 percent to $84.6 billion. New orders for manufactured nondurable goods increased $0.1 billion or virtually unchanged to $248.6 billion.
Shipments were virtually unchanged at $500.2 billion. This followed a 0.4 percent September decrease.
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.
