Manufactured goods orders down in May
New orders for manufactured goods decreased 0.8 percent to $464.9 billion in May, the U.S. Census Bureau reported today.
This followed a 0.3 percent April decrease.
New orders for manufactured durable goods decreased 0.8 percent to $229.1 billion, up from the previously published 1.1 percent decrease. New orders for manufactured nondurable goods decreased 0.8 percent to $235.7 billion
Shipments, up five of the last six months, increased $0.6 billion or 0.1 percent to $471.5 billion. This followed a virtually unchanged April increase. Unfilled orders, down following two consecutive monthly increases, decreased $2.3 billion or 0.2 percent to $1,120.2 billion. This followed a 0.2 percent April increase. The unfilled orders-to-shipments ratio was 6.75, down from 6.83 in April. Inventories, down following six consecutive monthly increases, decreased $0.3 billion or 0.1 percent to $648.9 billion. This followed a virtually unchanged April increase. The inventories-to-shipments ratio was 1.38, 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.
