Factory Orders Increased in August

New orders for manufactured goods increased 0.1 percent to $499.8 billion in August, according to the U.S. Census Bureau. This decline followed two consecutive monthly increases.

New orders for manufactured durable goods increased $0.4 billion or 0.2 percent to $250.7 billion. Fabricated metal products drove the increase, up 1.2 percent to $34.3 billion. New orders for nondefense capital goods excluding aircraft decreased 0.4 percent from the previous month to $69.2 billion.

Shipments of manufactured durable goods increased 0.1 percent to $253.9 billion.

Inventories of manufactured durable goods increased 0.2 percent to $428.3 billion.

Read the CensusĀ release.

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