New orders for US manufactured goods in September, up four of the last five months, increased $3.4 billion or 0.7 percent to $515.3 billion, the US Census Bureau reported today. This followed a 2.6 percent August increase.
Shipments, up 16 of the last 17 months, increased $4.6 billion or 0.9 percent to $509.8 billion. This followed a 0.7 percent August increase.
Unfilled orders, up 10 of the last 11 months, increased $9.7 billion or 0.8 percent to $1,186.5 billion. This followed a 0.9 percent August increase. The unfilled orders‐to‐shipments ratio was 6.64, down from 6.67 in August.
Inventories, up 23 consecutive months, increased $3.7 billion or 0.5 percent to $680.4 billion. This followed a 0.1 percent August increase. The inventories‐to‐shipments ratio was 1.33, down from 1.34 in August.