Orders for Manufactured Goods Rose 1.2% in August

Washington, DC, October 4, 2021-New orders for manufactured goods in August, up fifteen of the last sixteen months, increased $6.2 billion or 1.2% to $515.7 billion, the U.S. Census Bureau reported.

This followed a 0.7% July increase.

Shipments, also up fifteen of the last sixteen months, increased $0.3 billion or 0.1% to $508.3 billion. This followed a 1.5% July increase.

Unfilled orders, up seven consecutive months, increased $11.9 billion or 1.0% to $1,239.4 billion. This followed a 0.5% July increase.

The unfilled orders-to-shipments ratio was 6.86, up from 6.81 in July. Inventories, up fourteen of the last fifteen months, increased $4.1 billion or 0.6% to $749.3 billion. This followed a 0.6% July increase.

The inventories-to-shipments ratio was 1.47, unchanged from July.