December Orders of Manufactured Goods Almost Reach $500 Billion

December 2018 Manufactered Goods Tuesday Tidbit by Rivet MRO Industrial Marketing Agency and Distributor Co-op Marketing Consultant.png

According to Industrial Supply Magazine, new orders for manufactured goods increased $0.3 billion, or 0.1 percent, to $499.9 billion in December.

The increase followed a 0.5 percent November decrease.

New orders for manufactured durable goods increased $2.9 billion or 1.2 percent to $254.1 billion. New orders for manufactured nondurable goods decreased $2.6 billion or 1.0 percent to $245.8 billion.

Shipments decreased $0.9 billion or 0.2 percent to $504.9 billion after falling 0.5 percent  in November. Unfilled orders decreased $0.9 billion or 0.1 percent to $1,180.3 billion. 

Inventories decreased $0.1 billion or virtually unchanged to $681.5 billion. This followed a 0.1 percent November decrease. The inventories‐to‐shipments ratio was 1.35, unchanged from November.

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