Orders for Manufactured Goods Declined 0.9% in December

Washington, DC, February 4, 2025-New orders for manufactured goods in December, down four of the last five months, decreased $5.2 billion or 0.9% to $578.5 billion, the U.S. Census Bureau reported. This followed a 0.8% November decrease. 

Shipments, up two consecutive months, increased $3.7 billion or 0.6% to $589.7 billion. This followed a 0.1% November increase. 

Unfilled orders, down following five consecutive monthly increases, decreased $6.4 billion or 0.5% to $1,396.3 billion. This followed a 0.2% November increase. 

The unfilled orders-to-shipments ratio was 6.93, down from 7.06 in November. 

Inventories, up two consecutive months, increased $3.3 billion or 0.4% to $863.2 billion. This followed a 0.4% November increase. The inventories-to-shipments ratio was 1.46, down from 1.47 in November.


Related Topics:U.S. Census Bureau