Orders for Manufactured Goods Inched Up 0.2% in September

Washington, DC, November 3, 2021-New orders for manufactured goods in September, up sixteen of the last seventeen months, increased $1.3 billion or 0.2% to $515.9 billion, the U.S. Census Bureau reported.

This followed a 1.0% August increase.

Shipments, also up sixteen of the last seventeen months, increased $3.2 billion or 0.6 percent to $511.5 billion. This followed a 0.1% August increase.

Unfilled orders, up eight consecutive months, increased $8.9 billion or 0.7% to $1,247.3 billion. This followed a 0.9% August increase.

The unfilled orders-to-shipments ratio was 6.84, down from 6.85 in August.

Inventories, up fifteen of the last sixteen months, increased $6.3 billion or 0.8% to $756.9 billion. This followed a 0.7% August increase. The inventories-to-shipments ratio was 1.48, unchanged from August.