Market Updates
New Goods Orders In October Accelerate
Brian Turner
05 Dec, 2022
New York City
The new orders for manufactured goods in October, up twelve of the last thirteen months, increased 1.0% to $556.6 billion, the U.S. Census Bureau reported today.
This followed a 0.3% September increase.
New orders for manufactured durable goods in October, up seven of the last eight months, increased 1.1% to $277.4 billion, up from the previously published 1.0 percent increase.
This followed a 0.2% September increase.
Shipments increased 0.7% in October after rising 0.3% in September and unfilled orders, up twenty-six consecutive months, increased 0.6% to $1,144.0 billion.
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