Full report on manufacturers' shipments, inventories & orders for Nov
05 Jan '07
3 min read
New orders for manufactured goods in November, up two of the last three months, increased $3.4 billion or 0.9 percent to $394.3 billion, the U.S. Census Bureau reported. This followed a 4.5 percent October decrease.
Shipments, up three of the last four months, increased $0.4 billion or 0.1 percent to $390.0 billion. This followed a 0.1 percent October increase. Unfilled orders, up eighteen of the last nineteen months, increased $11.3 billion or 1.7 percent to $678.6 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.4 percent October increase. The unfilled orders-to shipments ratio was 4.64, up from 4.58 in October.
Inventories, up thirteen of the last fourteen months, increased $1.1 billion or 0.2 percent to $481.9 billion. This followed a 0.3 percent October increase. The inventories-to-shipments ratio was 1.24, up from 1.23 in October.
New Orders: New orders for manufactured durable goods in November, up three of the last four months, increased $3.3 billion or 1.6 percent to $213.8 billion, revised from the previously published 1.9 percent increase. This followed an 8.1 percent October decrease. Transportation equipment, up three of the last four months, had the largest increase, $5.0 billion or 8.2 percent to $65.5 billion. New orders for manufactured nondurable goods increased slightly to $180.5 billion.
Shipments: Shipments of manufactured durable goods in November, up three of the last four months, increased $0.3 billion or 0.2 percent to $209.5 billion, revised from the previously published 0.1 percent increase. This followed a 0.2 percent October increase.