Manufactured Goods Orders Rose in September

New orders for manufactured goods rose 0.3% to $455.5 billion in September, according to the U.S. Census Bureau. The September reading followed a 0.4% increase in August.

New orders for manufactured durable goods fell 0.3% to $226.8 billion, after increasing 0.2% in August. Orders for transportation drove the decrease, falling 1.1% to $77.2 billion.

Shipments of manufactured durable goods, up three of the last four months, increased 0.8% to $234.3 billion. Transportation equipment led the increase, rising 2.2% to $82.0 billion.

Inventories of manufactured durable goods increased for the third consecutive month, rising 0.1% to $383.8 billion. Machinery once again led the increase, rising 0.4% to $65.9 billion.

Read the Census release.