ZCZC
BCN-31
US-MANUFACTURED-GOODS
U.S. factory orders rise 2.3 pct in August
WASHINGTON, Oct. 5, 2018 (BSS/Xinhua) – New orders for factory goods in
the United States rose 2.3 percent in August, the biggest monthly increase
since September 2017, the U.S. Census Bureau said on Thursday.
According to a monthly survey conducted by the bureau, new orders for
manufactured goods in August increased by 11.5 billion U.S. dollars to 510.5
billion dollars.
The survey showed that orders for July were also revised to a 0.5 percent
decrease instead of a 0.8 percent drop which was previously reported.
New orders for manufactured durable goods in August surged 4.4 percent,
while nondurable goods orders gained 0.2 percent at the same period, said the
bureau.
Unfilled orders, an indicator of the backlog in production, rose by 10.4
billion dollars to 1,176.5 billion dollars in August.
U.S. Census Bureau’s Manufacturers’ Shipments, Inventories, and Orders
survey is based on a panel of approximately 5,000 reporting units that
represent approximately 3,100 companies. The survey provides an indication of
month-to-month change for the U.S. manufacturing sector.
BSS/XINHUA/HR/1200