Factory Orders Rose 0.6 percent in September

New orders for manufactured goods increased 0.6 percent to $515.3 billion in September, according to the U.S. Census Bureau. The increase followed a 2.6 percent increase in August.

New orders for manufactured durable goods increased 0.7 percent to $262.0 billion in September. Transportation equipment drove the increase, rising 1.9 percent to $97.4 billion.

Shipments of manufactured durable goods increased 1.2 percent to $256.5 billion.

Inventories of manufactured durable goods increased 0.7 percent to $410.9 billion.

Read the Census release.

About Jack McCabe

Jack McCabe is a research associate in the Economic Policy and Research group at the ABA.
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