New orders for manufactured goods in October were up $1.1 billion or 0.2% to $586.6, according to the U.S. Census Bureau. This followed two consecutive monthly decreases, 0.2% in September and 0.8% in August.
New orders for manufactured durable goods in October, up following two consecutive monthly decreases, increased $0.8 billion or 0.3% to $286.8 billion, up from the previously published 0.2% increase. This followed a 0.4% September decrease. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $0.5 billion or 0.5% to $97.1 billion. New orders for manufactured nondurable goods increased $0.3 billion or 0.1% to $299.9 billion.
Shipments of manufactured durable goods in October, down three consecutive months, decreased $1.5 billion or 0.5% to $285.5 billion, up from the previously published 0.6% decrease. This followed a 0.8% September decrease. Transportation equipment, also down three consecutive months, drove the decrease, $1.9 billion or 2.0% to $92.0 billion.
Read the Census release.
