Source: Census Bureau
US new orders for manufactured goods fell by 0.5% or $2.7 billion to $542.0 billion in February, the first decline after nine straight months of increases. SPY is up +0.50%, DXY is up +0.27%.
The new orders for manufactured durable goods declined by 2.1% or $5.8 billion to $271.7 billion accelerating a four straight month of decreases.
Shipments rose by a marginal 0.6% or $3.1 billion to $541.0 billion, compared to a gain of 1.4% in January.
Unfilled orders increased by 0.4% or $5.4 billion to $1,288.5 billion, slower than a surge of 0.9% in January.
The unfilled orders-to-shipments ratio was recorded at 6.74, compared to 6.72 in January
Inventories improved by 0.6% or $5.0 billion to $785.2 billion, a slower gain compared to an increase of 0.8% in January. The inventories-to-shipments ratio was unchanged at 1.45 in February.