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New Orders for Manufactured Goods Decrease in February

New orders for made products in February, down following 9 successive month-to-month boosts, reduced $2.7 billion or 0.5 percent to $542.0 billion, according to the U.S. Census Bureau. Shipments, up twenty-one of the last twenty-two months, increased $3.1 billion or 0.6 percent to $541.0 billion. This followed a 1.4 percent January boost.

New orders for made resilient products in February, down following 4 successive month-to-month boosts, reduced $5.8 billion or 2.1 percent to $271.7 billion, up from the formerly released 2.2 percent decline.

Shipments of made resilient products in February, up 9 of the last 10 months, increased less than $0.1 billion or essentially the same to $270.7 billion, up from the formerly released essentially the same decline. This followed a 1.2 percent January boost. Inventories of made resilient products in February, up thirteen successive months, increased $2.3 billion or 0.5 percent to $479.1 billion, up from the formerly released 0.4 percent boost.

Read the Census release.

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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