New orders for manufactured goods in December, up
two consecutive months, increased $5.3 billion or 1.1
percent to $466.2 billion, the U.S. Census Bureau
reported today. This followed a 2.2 percent November
increase. Excluding transportation, new orders increased
Shipments, up seven consecutive months, increased
$3.4 billion or 0.7 percent to $459.4 billion. This
followed a 0.2 percent November increase.
Unfilled orders, up twenty of the last twenty one
months, increased $12.7 billion or 1.4 percent to $911.5
billion. This followed a 1.3 percent November increase.
The unfilled orders-to-shipments ratio was 6.00, down
from 6.13 in November.
Inventories, up twenty six of the last twenty seven
months, increased $0.4 billion or 0.1 percent to $610.1
billion. This was at the highest level since the series was
first published on a NAICS basis in 1992 and followed a
0.4 percent November increase. The inventories-to-
shipments ratio was 1.33, down from 1.34 in November.
RTRS- U.S. DEC FACTORY ORDERS +1.1 PCT (CONSENSUS +1.5) VS NOV +2.2 PCT (PREV +1.8 PCT)
RTRS – “Orders for non-defense capital goods excluding aircraft – a closely watched category because it is taken as a sign of businesses’ future spending plans – climbed a solid 3.1 percent in December. That followed declines of 1.5 percent in November and 0.9 percent in October. “