Manufacturers' shipments, inventories & orders report for Oct
08 Dec '06
3 min read
New orders for manufactured goods in October, down three of the last four months, decreased $19.3 billion or 4.7 percent to $390.3 billion, the U.S. Census Bureau reported. This was the largest decrease since July of 2000 and followed a 1.7 percent September increase.
Shipments, up two of the last three months, increased $0.4 billion or 0.1 percent to $389.9 billion. This followed a 4.2 percent September decrease. Unfilled orders, up seventeen of the last eighteen months, increased $8.2 billion or 1.2 percent to $666.5 billion.
This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 4.1 percent September increase. The unfilled orders-toshipments ratio was 4.56, up from 4.46 in September. Inventories, up twelve of the last thirteen months, increased $1.8 billion or 0.4 percent to $481.1 billion.
This followed a 0.6 percent September increase. The inventories-to-shipments ratio was 1.23, unchanged from September.
New Orders New orders for manufactured durable goods in October, down following two consecutive monthly increases, decreased $18.8 billion or 8.2 percent to $210.2 billion, revised from the previously published 8.3 percent decrease. This was the largest decrease since July of 2000 and followed an 8.7 percent September increase.
Shipments Shipments of manufactured durable goods in October, up two of the last three months, increased $0.9 billion or 0.4 percent to $209.7 billion, revised from the previously published 0.6 percent increase. This followed a 2.7 percent September decrease.
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