Manufactured goods orders down 10.1%
New orders for manufactured goods fell 10.1 percent in August to $502.0 billion, the U.S. Census Bureau reported today.
Orders had increased 10.5 percent in July. Most of the decrease was attributed to a decline in transportation. Excluding transportation, new orders decreased 0.1 percent.
New orders for durable goods orders plunged 18.4 percent to $244.8 billion, following a gain of 22.5 percent in July.
Shipments, down following two consecutive monthly increases, decreased 1.0 percent to $503.1 billion. This followed a 1.4 percent July 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.
