New orders for US manufactured goods in September, down two consecutive months, decreased $2.9 billion or 0.6 percent to $496.7 billion, the US Census Bureau reported today. This followed a 0.1 percent August decrease.
Shipments, down three consecutive months, decreased $1.1 billion or 0.2 percent to $501.1 billion. This followed a 0.3 percent August decrease.
Unfilled orders, down following two consecutive monthly increases, decreased $0.1 billion or virtually unchanged to $1,163.3 billion. This followed a 0.1 percent August increase. The unfilled orders‐to‐shipments ratio was 6.69, up from 6.68 in August.
Inventories, up nine of the last ten months, increased $2.2 billion or 0.3 percent to $697.9 billion. This followed a 0.1 percent August decrease. The inventories‐to‐shipments ratio was 1.39, unchanged from August.