Factory Orders Grow, But Far Below Expectations

March 31, 2006
New orders for manufactured goods in the U.S. grew two-tenths of a percentage point in February, the latest month for which data are available, to $401.9 billion, the U.S. Commerce Department reported on March 31. The increase, however, was far below the ...

New orders for manufactured goods in the U.S. grew two-tenths of a percentage point in February, the latest month for which data are available, to $401.9 billion, the U.S. Commerce Department reported on March 31. The increase, however, was far below the full percent gain that economists generally expected. Factory orders fell 3.9% in January.

New orders for manufactured durables totaled $215.8 billion in February, up 2.7% from January's mark. New orders for nondurable manufactured goods totaled $186.1 billion in February, 2.5% below January's figure.

Popular Sponsored Recommendations

What Is Your Smart Factory IQ?

Sept. 24, 2023
It’s time to put Smart, data-driven manufacturing operations to the test. In this comprehensive whitepaper we show you how to determine the Artificial Intelligence Quotient (AIQ...

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...

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...

You Cannot Stay Competitive by Bolting New Technologies to a Legacy ERP

Oct. 20, 2023
Read this white paper to understand the benefits of shifting to a next-generation ERP system as part of a DOP.

Voice your opinion!

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