Orders for Manufactured Goods Down a Tick in November

Washington, DC, January 6, 2016—New orders for manufactured goods in November, down three of the last four months, decreased $1.1 billion or 0.2% to $472.2 billion, the U.S. Census Bureau has reported.

This followed a 1.3% October increase.

Shipments, up following four consecutive monthly decreases, increased $1.0 billion or 0.2% to $475.3 billion. This followed a 0.7% October decrease.

Unfilled orders, up two consecutive months, increased $1.9 billion or 0.2% to $1,193.9 billion. This followed a 0.3% October increase. The unfilled orders-to-shipments ratio was 6.92, down from 6.96 in October.

Inventories, down five consecutive months, decreased $1.7 billion or 0.3% to $641.3 billion. This followed a 0.2% October decrease. The inventories-to-shipments ratio was 1.35, down from 1.36 in October.