Factory Orders In U.S. Top $407 Billion

Jan. 4, 2006
On Jan. 4, in its second look at new orders for manufactured goods in November 2005, the U.S. Commerce Department reported a total of $407.7 billion, up 2.5% from October's figure and the highest monthly level in 13 years. New orders for manufactured ...

On Jan. 4, in its second look at new orders for manufactured goods in November 2005, the U.S. Commerce Department reported a total of $407.7 billion, up 2.5% from October's figure and the highest monthly level in 13 years. New orders for manufactured goods increased 1.7% in October.

The latest report showed new orders for manufactured durables, products such as appliances, autos and airplanes, increased 4.4% in November to $223.1 billion, the same level the Commerce Department had previously reported. It was the highest monthly figure on record and followed a 3.1% increase in October, the department said. However, the gain was concentrated in civilian aircraft and not broad-based, although defense communications equipment, HVAC equipment and electrical equipment managed double-digit month-to-month increases.

New orders for nondurables increased four-tenths of a percentage point to $184.6 billion.

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