“New orders for manufactured goods in April, down following two consecutive monthly increases, decreased $4.0 billion or 0.8 percent to $494.4 billion, the U.S. Census Bureau reported today,” the U.S. Census Bureau reported on Monday.
Key takeaways from the original report
- Shipments, up eleven of the last twelve months, increased $0.1 billion or virtually unchanged to $492.8 billion.
- Unfilled orders, up five of the last six months, increased $5.4 billion or 0.5 percent to $1,153.1 billion.
- The inventories-to-shipments ratio was 1.35, unchanged from March.
- New orders for manufactured durable goods in April, down following two consecutive monthly increases, decreased $4.1 billion or 1.6 percent to $248.6 billion, up from the previously published 1.7 percent decrease.
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