Manufactures' shipments, inventories & orders up in Dec
04 Feb '06
3 min read
Manufacturing and Construction Division released the release of Manufacturers' Shipments, Inventories and Orders for December 2005.
New orders for manufactured goods in December, up three consecutive months, increased $4.5 billion or 1.1 percent to $415.1 billion, the US Census Bureau reported.
This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 3.3 percent November increase. Shipments, up seven of the last eight months, increased $8.6 billion or 2.2 percent to $407.9 billion.
This was at the highest level since the series began and followed a 0.8 percent November increase. Unfilled orders, up eight consecutive months, increased $14.9 billion or 2.4 percent to $637.1 billion. This was at the highest level since the series began and followed a 3.1 percent November increase.
The unfilled orders-to-shipments ratio was 4.17, down from 4.24 in November. Inventories, up six of the last seven months, increased $2.2 billion or 0.5 percent to $469.8 billion. This followed a 0.3 percent November increase. The inventories-to-shipments ratio was 1.15, down from 1.17 in November.
New orders for manufactured durable goods in December, up three consecutive months, increased $4.0 billion or 1.8 percent to $229.1 billion, revised from the previously published 1.3 percent increase. This was at the highest level since the series began and followed a 5.3 percent November increase.
Machinery, up five consecutive months, had the largest increase, $1.9 billion or 6.5 percent to $30.5 billion.
marketing@alchempro.com
