US: New orders for manufactured goods in October decreased 0.1% to $479.6 billion

"New orders for manufactured goods in October, down following two consecutive monthly increases, decreased $0.3 billion or 0.1 percent to $479.6 billion," the U.S. Census Bureau reported on Monday.

Key highlights

Shipments, up ten of the last eleven months, increased $2.7 billion or 0.6 percent to $484.2 billion.

Unfilled orders, down three of the last four months, decreased $0.2 billion or virtually unchanged to $1,135.1 billion.

Inventories, up eleven of the last twelve months, increased $1.2 billion or 0.2 percent to $661.6 billion. 

New orders for manufactured durable goods in October, down following two consecutive monthly increases, decreased $1.9 billion or 0.8 percent to $237.4 billion, up from the previously published 1.2
percent decrease.

This followed a 2.4 percent September increase.

Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $3.4 billion or 4.2 percent to $77.4 billion.