New orders for manufactured goods increased 1.2 percent to $471.7 billion in August, according to the U.S. Census Bureau. This followed a 3.3 percent decrease in July.
Shipments, up three of the last four months, increased 0.5 percent to $237.8 billion. This followed a 0.1 percent increase in July.
Unfilled orders, up two of the last three months, increased $0.2 billion to $1,132.6 billion. This followed a 0.3 percent decrease in July. The unfilled orders-to-shipments ratio was 6.77, unchanged from July.
Inventories, up thirteen of the last fourteen months, increased 0.4 percent to $400.8 billion. This followed a 0.5 percent increase in July. The inventories-to-shipments ratio was 1.38, unchanged from July.
New orders for manufactured durable goods in August, up two of the last three months, increased 2 percent to $233.5 billion, up from the previously published 1.7 percent increase. This followed a 6.8 percent decrease in July.
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