Manufactured goods orders down in May
New orders for manufactured goods decreased 1.0 percent in May to $455.2 billion, the U.S. Census Bureau reported today.
This followed a 1.8 percent April increase.
Shipments, up three consecutive months, increased $0.2 billion or virtually unchanged to $456.5 billion. This followed a 0.4 percent April increase.
Unfilled orders, up four of the last five months, increased 0.2 percent to $1,138.9 billion. This followed a 0.6 percent April increase. The unfilled orders-to-shipments ratio was 6.90, down from 6.94 in April.
Inventories, down 12 of the last 13 months, decreased 0.1 percent to $619.7 billion. This followed a 0.1 percent April decrease. The inventories-to-shipments ratio was 1.36, unchanged from April.
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.
