U.S. Factories Fared Poorly In November

Jan. 13, 2005
By John S. McClenahen Less than one week after a closely watched index showed dramatic December growth in U.S. manufacturing activity, the U.S. Commerce Department said that November, the previous month, was pretty poor for American factories. New ...
ByJohn S. McClenahen Less than one week after a closely watched index showed dramatic December growth in U.S. manufacturing activity, the U.S. Commerce Department said that November, the previous month, was pretty poor for American factories. New orders for U.S. manufactured goods, not including semiconductors, decreased $2.7 billion or 0.8% to $319.3 billion in November. It was the third decline in factory new orders in four months and two-tenths of a percentage point larger than economists generally anticipated. In contrast, new orders for manufactured goods grew 1.4% in October. For the first 11 months of 2002, U.S. factory new orders were $3.509 trillion, 1.1% lower than the $3.547 trillion posted for January through November 2001.

Popular Sponsored Recommendations

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

The Ultimate Ecommerce Excellence Checklist

Oct. 2, 2023
Scaling ecommerce operations is no easy task when your business is moving fast. Assess your current ecommerce maturity level and set optimization priorities with this practical...

The Manufacturer's Guide to Transforming the Service Experience.

Sept. 11, 2023
Learn how a unified data platform can make your service experiences more efficient while reducing costs. Turn your service center into a profit center and map your service transformatio...

Voice your opinion!

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