New orders and shipments of US manufactured goods increase in October

Friday, 03 December 2021 22:44:57 (GMT+3)   |   San Diego
       

New orders for US manufactured goods in October, up 17 of the last 18 months, increased $5.1 billion or 1.0 percent to $522.1 billion, the US Census Bureau reported today. This followed a 0.5 percent September increase.

Shipments, also up 17 of the last 18 months, increased $10.2 billion or 2.0 percent to $523.4 billion. This followed a 1.0 percent September increase.

Unfilled orders, up nine consecutive months, increased $3.1 billion or 0.3 percent to $1,249.8 billion. This followed a 0.7 percent September increase. The unfilled orders-to-shipments ratio was 6.76, down from 6.82 in September.

Inventories, up 16 of the last 17 months, increased $6.4 billion or 0.8 percent to $764.2 billion. This followed a 1.0 percent September increase. The inventories-to-shipments ratio was 1.46, down from 1.48 in September.


Most Recent Related Articles

Canadian rig count continues to soar week-on-week while US count makes slight gains

US structural pipe and tube exports down 26.8 percent in November

US mechanical tubing imports down 15.9 percent in November

New orders for US manufactured goods up 1.6 percent in November

US manufacturing PMI down 2.4 percentage points in December