Manufactured goods orders increased in January
New orders for manufactured goods increased 1.2 percent in January to $470.2 billion, the U.S. Census Bureau reported today.
The January increase followed a 1.3 percent increase in December. Transportation equipment led the increase, rising 6.2 percent to $76.5 billion.
New orders for manufactured nondurable goods increased 0.4 percent to $239.5 billion.
Shipments, up 10 of the last 11 months, increased 0.2 percent to $478.3 billion. Unfilled orders, down seven of the last eight months, decreased 0.4 percent to $1,114.1 billion.