Research >> Economics
New orders for manufactured goods increased 0.2%
New orders for manufactured goods in February, up following six consecutive monthly decreases, increased $0.8 billion or 0.2 percent to $468.3 billion, the U.S. Census Bureau reported today. This followed a 0.7 percent January decrease. Excluding transportation, new orders increased 0.8 percent.
Shipments, up following four consecutive monthly decreases, increased $3.6 billion or 0.7 percent to $481.3 billion. This followed a 2.3 percent January decrease.
Unfilled orders, down three consecutive months, decreased $5.9 billion or 0.5 percent to $1,156.3 billion. This followed a 0.3 percent January decrease. The unfilled orders-to-shipments ratio was 6.71, unchanged from January.
Inventories, up following two consecutive monthly decreases, increased $0.9 billion or 0.1 percent to $651.0 billion. This followed a 0.4 percent January decrease. The inventories-to-shipments ratio was 1.35, down from 1.36 in January.
Posted: April 2, 2015 Thursday 10:00 AM