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“New orders for manufactured goods in September, up four of the last five months, increased $3.4 billion or 0.7 percent to $515.3 billion,” the U.S. Census Bureau reported on Friday.

Key quotes

  • This followed a 2.6 percent August increase.  Shipments, up sixteen of the last seventeen months, increased $4.6 billion or 0.9 percent to $509.8 billion.
  • The inventories”to”shipments ratio was 1.33, down from 1.34 in August.
  • New orders for manufactured durable goods in September, up three of the last four months, increased $1.8 billion or 0.7 percent to $262.0 billion, down from the previously published 0.8 percent increase.
    • This followed a 4.7 percent August increase.