Manufactured goods orders fall
New orders for manufactured durable goods in February decreased $1.9 billion or 0.9 percent to $200.0 billion, the U.S. Census Bureau announced today.
The decrease followed a 3.6 percent January increase. Excluding transportation, new orders decreased 0.6 percent. Excluding defense, new orders increased 0.4 percent. Machinery, down two consecutive months, had the largest decrease, $1.2 billion or 4.2 percent to $26.6 billion.
Shipments of manufactured durable goods increased $0.7 billion or 0.3 percent to $203.2 billion. This followed a 0.2 percent January increase.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
