Industryweek 6100 Foundry
Industryweek 6100 Foundry
Industryweek 6100 Foundry
Industryweek 6100 Foundry
Industryweek 6100 Foundry

New Orders for US Manufactured Goods Dipped in December

Feb. 4, 2014
Civilian aircraft orders contributed heavily to the fall.

WASHINGTON - New orders for U.S. manufactured goods fell 1.5% in December, reversing November's gains, Commerce Department data showed Tuesday.

New factory orders dropped to $489.2 billion from $496.4 billion in November. Much of the fall was in often-volatile civilian aircraft orders and followed a surge in the same orders in November.

Excluding transportation equipment, which includes aircraft, new orders were up 0.2%, with strength especially in machinery for oil and gas exploration.

For the full year, new orders for manufactured goods increased 2.5% to $5.82 trillion; non-transport orders gained just 1.5% at $4.95 trillion.

Copyright Agence France-Presse, 2014

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