Manufactured goods orders decline
Orders for manufactured goods fell by 0.7 percent in October, to $496.6 billion, the U.S. Census Bureau reported.
This followed a 0.5 percent September decrease. Excluding transportation, new orders decreased 1.4 percent.
Shipments, down two of the last three months, decreased $3.8 billion or 0.8 percent to $499.2 billion. This followed a 0.1 percent September increase.
Durable goods orders increased 0.3 percent to $243.8 billion for the month, led by orders for defense aircraft and parts.
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.
