Source: US Census Bureau.
New orders for manufactured goods in November increased by $8.4 billion to $531.8 billion. DXY down, -0.02%, EUR USD up +0.01%
- The increase follows a 1.2% October gain and the 18th rise in the last 19 months when the orders fell slightly last April.
- New orders for manufactured nondurable goods increased by 0.7% to reach $263.4 billion.
- Shipments also increased as unfilled orders rose for the 10th consecutive month, signaling that high demand and shortages of materials and workers might be slowing down production.
- The unfilled orders-to-shipments ratio was 6.78, an increase from 6.77% in October.
- Inventories increased by 0.7% ($5.3 billion) to $770.0 billion, a 17th monthly rise in the last 18 months. This figure follows a 0.9% increase in October.
- Finished goods increased by 0.2% in durable goods and 0.7% in non-durable goods.
- The inventories-to-shipments ratios remained unchanged at 1.46 in November.
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