New orders and shipments of US manufactured goods rise in March

Thursday, 02 May 2019 22:18:21 (GMT+3)   |   San Diego

New orders for US manufactured goods in March, up following two consecutive monthly decreases, increased $9.3 billion or 1.9 percent to $508.2 billion, the US Census Bureau reported today. This followed a 0.3 percent February decrease. 

Shipments, up two consecutive months, increased $3.7 billion or 0.7 percent to $509.7 billion. This followed a 0.5 percent February increase. 

Unfilled orders, up two of the last three months, increased $2.7 billion or 0.2 percent to $1,181.2 billion. This followed a 0.2 percent February decrease. The unfilled orders‐to‐shipments ratio was 6.56, unchanged from February. 

Inventories, up 28 of the last 29 months, increased $2.8 billion or 0.4 percent to $690.9 billion. This followed a 0.3 percent February increase.  The inventories‐to‐shipments ratio was 1.36, unchanged from February.

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