New orders for US manufactured goods in November, down two consecutive months, decreased $3.1 billion or 0.6 percent to $499.2 billion, the US Census Bureau reported today. This followed a 2.1 percent October decrease.
Shipments, down two consecutive months, decreased $3.2 billion or 0.6 percent to $505.1 billion. This followed a 0.1 percent October decrease.
Unfilled orders, down two consecutive months, decreased $1.8 billion or 0.1 percent to $1,181.5 billion. This followed a 0.2 percent October decrease. The unfilled orders‐to‐shipments ratio was 6.60, down from 6.68 in October.
Inventories, down following 24 consecutive monthly increases, decreased $1.0 billion or 0.1 percent to $681.1 billion. This followed a 0.2 percent October increase. The inventories‐to‐shipments ratio was 1.35, up from 1.34 in October.