New orders for manufactured goods in February, up following six consecutive monthly decreases, increased $6.1 billion or 1.8% to $352.2 billion, according to the U.S. Census Bureau in a preliminary report. This followed a 3.5% January decrease.
This data is an update to the Advance data released March 25. This report provides more details on the month’s performance.
Excluding transportation, new orders increased 1.6%. Shipments, down seven consecutive months, decreased $0.4 billion or 0.1% to $365.9 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 2.6% January decrease.
Unfilled orders, down five consecutive months, decreased $10.7 billion or 1.4% to …
New Orders for Manufactured Goods Up 1.8% in February
New orders for manufactured goods in February, up following six consecutive monthly decreases, increased $6.1 billion or 1.8% to $352.2 billion, according to the U.S. Census Bureau in a preliminary report. This followed a 3.5% January decrease.
This data is an update to the Advance data released March 25. This report provides more details on the month’s performance.
Excluding transportation, new orders increased 1.6%. Shipments, down seven consecutive months, decreased $0.4 billion or 0.1% to $365.9 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 2.6% January decrease.
Unfilled orders, down five consecutive months, decreased $10.7 billion or 1.4% to …
Share this article
- Filed In: Economic Trends, Free, News, Research & Analytics, Subscriber Only
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
