Orders for Manufactured Goods Rose 1.7% in January

Washington, DC, May 5, 2025--New orders for manufactured goods in January, up following two consecutive monthly decreases, increased $9.8 billion or 1.7% to $589.9 billion, the U.S. Census Bureau reported. This followed a 0.6% December decrease.

Shipments, up three consecutive months, increased $2.4 billion or 0.4% to $592.1 billion. This followed a 0.6% December increase.

Unfilled orders, up six of the last seven months, increased $2.7 billion or 0.2% to $1,400.6 billion. This followed a 0.3% December decrease.

The unfilled orders-to-shipments ratio was 6.85, down from 6.93 in December. Inventories, up three consecutive months, increased $0.8 billion or 0.1% to $863.7 billion. This followed a 0.3% December increase. The inventories-to-shipments ratio was 1.46, unchanged from December.