U.S. Factories Suffer Second Drop In Orders

Jan. 13, 2005
By Agence France-Presse U.S. factories endured the second straight drop in orders in May, government data showed July 2. Factory orders fell by a shallower-than-predicted $1 billion, or 0.3%, to $358.2 billion in May when compared to April, the Commerce ...
By Agence France-Presse U.S. factories endured the second straight drop in orders in May, government data showed July 2. Factory orders fell by a shallower-than-predicted $1 billion, or 0.3%, to $358.2 billion in May when compared to April, the Commerce Department said. Orders for big-ticket "durable" goods expected to last at least three years slumped 1.8%, including a 2.9% slump in transportation equipment and a 5.7% slide in fabricated metal products. But orders for other "non-durable" goods rose 1.5%. Shipments climbed 0.3% in May. Unfilled orders, a barometer of future activity, were up 0.4%. In April, factory orders had tumbled 1.1%. Copyright Agence France-Presse, 2004

Popular Sponsored Recommendations

3D Printing a More Efficient Factory Floor

Nov. 16, 2023
Today’s additive manufacturing platforms make it simple to print a wide range of high-performing industrial parts as soon as possible and right where you need them — unlocking...

What Does Agility Look Like for Today's Auto Industry?

Dec. 4, 2023
Without modern technologies, enterprises aren't able to fully analyze the risks and respond to ongoing supply chain issues and semiconductor shortages.

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Navigating Disruption: A Leader’s Guide to Strategy Under Uncertainty

Nov. 1, 2023
AI, sustainability, digital--industrials are facing disruptive forces that are redefining what it takes to win. What got your company where it is today won’t get you where you...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!