Manufacturers' New Orders Fall Again In October

Dec. 5, 2006
Decrease is the largest since July 2000.

Declining in three of the last four months, new orders for manufactured goods in October totaled $390.3 billion, down 4.7% from September's $409.6 billion, the largest decrease since the mid-summer of 2000, according to U.S. Commerce Department figures released Dec. 5. New orders rose 1.7% in September.

New orders for durable goods, generally big-ticket items designed to last at least three years, fell 8.2% in October to $210.2 billion, the largest decrease since July 2000. In September new orders for manufactured durables increased 8.7%. New orders for manufactured non-durable goods decreased three-tenths of a percent in October to $180.2 billion.

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