New orders for US manufactured goods in December, up following two consecutive monthly decreases, increased $0.3 billion or 0.1 percent to $499.9 billion, the US Census Bureau reported today. This followed a 0.5 percent November decrease.
Shipments, down three consecutive months, decreased $0.9 billion or 0.2 percent to $504.9 billion. This followed a 0.5 percent November decrease.
Unfilled orders, also down three consecutive months, decreased $0.9 billion or 0.1 percent to $1,180.3 billion. This followed a 0.2 percent November decrease. The unfilled orders‐to‐shipments ratio was 6.55, down from 6.58 in November.
Inventories, down two consecutive months, decreased $0.1 billion or virtually unchanged to $681.5 billion. This followed a 0.1 percent November decrease. The inventories‐to-shipments ratio was 1.35, unchanged from November.