Factory Orders Up Slightly in December

New orders for manufactured goods increased 0.1 percent to $499.9 billion in December, according to the U.S. Census Bureau. The increase followed a 0.5 percent decrease in November.

New orders for manufactured durable goods increased 1.2 percent to $254.1 billion in November. Transportation equipment drove the increase, up 3.2 percent to $89.9 billion.

Shipments of manufactured durable goods increased 0.7 percent to $259.1 billion.

Inventories of manufactured durable goods increased 0.3 percent to $415.1 billion.

Read the Census release.

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