Factory Orders Rise

Jan. 13, 2005
By John S. McClenahen Although new orders for manufactured durable goods decreased even more than first estimated, overall new orders for U.S. manufactured goods increased 0.5% in October to $371.5 billion, the U.S. Commerce Department reported on Dec. ...
ByJohn S. McClenahen Although new orders for manufactured durable goods decreased even more than first estimated, overall new orders for U.S. manufactured goods increased 0.5% in October to $371.5 billion, the U.S. Commerce Department reported on Dec. 2. New orders for durables, generally big ticket items designed to last three years or more, fell by $2.3 billion or 1.1% to $195.2 billion in October. Commerce had earlier reported a decline of only $900 million. New orders for computers and electronic products, which had risen the two previous months, had the biggest percentage decrease among durables, falling $2.4 billion or 6.5% to $34.5 billion. New orders for manufactured durables increased $4.2 billion or 2.4% to $176.3 billion in October.

Continue Reading

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

Beware Extreme Software

Sept. 24, 2023
As a manufacturer, you understand the importance of staying ahead of the curve and being proactive in your approach to technology. With the rapid pace of change in the industry...

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...

Modern Edge Computing Accelerates Smart Manufacturing Initiatives for Discrete Manufacturers

Oct. 22, 2023
Discover how Edge Computing platforms are a requisite for discrete manufacturers to solve production challenges, accelerate digitalization, and establish a reliable infrastructure...

Voice your opinion!

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