New orders for manufactured goods in August, up two consecutive months, increased $0.7 billion or 0.2 percent to $453.1 billion, according to the U.S. Census Bureau. This followed a 1.4 percent July increase.
Shipments, up five of the last six months, increased $0.1 billion, or virtually unchanged, to $458.1 billion. This followed a 0.4 percent July decrease.
Unfilled orders, down three consecutive months, decreased $1.6 billion or 0.1 percent to $1,123.2 billion. This followed a 0.2 percent July decrease. The unfilled orders-to-shipments ratio was 6.81, up from 6.79 in July.
Inventories, up two consecutive months, increased $1.0 billion or 0.2 percent to $622 billion. This followed a 0.2 percent July increase. The inventories-to-shipments ratio was 1.36, unchanged from July.
New orders for manufactured durable goods in August, up two consecutive months, increased $0.3 billion or 0.1 percent to $227.3 billion, up from the previously published virtually unchanged decrease. This followed a 3.6 percent July increase.
Transportation equipment, also up two consecutive months, drove the increase, $0.6 billion or 0.7 percent to $78.2 billion.
New orders for manufactured nondurable goods increased $0.4 billion or 0.2 percent to $225.9 billion.
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