New orders for manufactured goods in November, down following four consecutive monthly increases, decreased $11.3 billion or 2.4 percent to $458.3 billion, the US Census Bureau reported today. This followed a 2.8 percent October increase.
Shipments, down following three consecutive monthly increases, decreased $0.3 billion or 0.1 percent to $463.8 billion. This followed a 0.2 percent October increase.
Unfilled orders, down five of the last six months, decreased $1.7 billion or 0.1 percent to $1,127.8 billion. This followed a 0.8 percent October increase. The unfilled orders-to-shipments ratio was 6.78, down from 6.79 in October.
Unfilled orders, down five of the last six months, decreased $1.7 billion or 0.1 percent to $1,127.8 billion. This followed a 0.8 percent October increase. The unfilled orders-to-shipments ratio was 6.78, down from 6.79 in October.
Inventories, up four of the last five months, increased $1.4 billion or 0.2 percent to $623.1 billion. This followed a 0.1 percent October increase. The inventories-to-shipments ratio was 1.34, unchanged from October.
By stage of fabrication, November materials and supplies decreased 0.2 percent in durable goods and increased 0.4 percent in nondurable goods. Work in process increased 0.3 percent in durable goods and increased 0.4 percent in nondurable goods. Finished goods increased 0.4 percent in durable goods and increased 0.2 percent in nondurable goods.
By stage of fabrication, November materials and supplies decreased 0.2 percent in durable goods and increased 0.4 percent in nondurable goods. Work in process increased 0.3 percent in durable goods and increased 0.4 percent in nondurable goods. Finished goods increased 0.4 percent in durable goods and increased 0.2 percent in nondurable goods.