Factory Orders Surge Again

May 4, 2010
Orders have been up eleven of the last twelve months

New orders for manufactured goods in March, up eleven of the last twelve months, increased $5 billion or 1.3% to $391.5 billion, the U.S. Census Bureau reported on May 4. This followed a 1.3% February increase.

Excluding transportation, new orders increased 3.1%.

New orders for manufactured durable goods in March, down following three consecutive monthly increases, decreased $1.0 billion or 0.6% to $178.7 billion, revised from the previously published 1.3% decrease. This followed a 1.6% February increase.

New orders for manufactured nondurable goods increased $6.0 billion or 2.9% to $212.8 billion.

Shipments, up seven consecutive months, increasedv$8.6 billion or 2.2% to $395.6 billion. This followed a 0.4% February increase.

Unfilled orders, down following two consecutivevmonthly increases, decreased $0.8 billion or 0.1% to $721.7 billion.

Inventories, up five of the last six months, increased $1.5 billion or 0.3% to $500.7 billion. This followed a 0.7% February increase.

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