The following is the unedited transcript of the news release from the U.S. Census Bureau of the Department of Commerce.

Summary

New orders for manufactured goods in November, up two of the last three months, increased $3.4 billion or 0.9% to $394.3 billion, the U.S. Census Bureau reported today. This followed a 4.5 percent October decrease. Shipments, up three of the last four months, increased $0.4 billion or 0.1 percent to $390.0 billion. This followed a 0.1% October increase. Unfilled orders, up eighteen of the last nineteen months, increased $11.3 billion or 1.7% to $678.6 billion.

This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.4% October increase. The unfilled orders-to-shipments ratio was 4.64, up from 4.58 in October. Inventories, up thirteen of the last fourteen months, increased $1.1 billion or 0.2 percent to $481.9 billion. This followed a 0.3% October increase. The inventories-to-shipments ratio was 1.24, up from 1.23 in October.

New Orders

New orders for manufactured durable goods in November, up three of the last four months, increased $3.3 billion or 1.6% to $213.8 billion, revised from the previously published 1.9% increase. This followed an 8.1% October decrease.New orders for manufactured nondurable goods increased slightly to $180.5 billion.

Shipments

Shipments of manufactured durable goods in November, up three of the last four months, increased $0.3 billion or 0.2% to $209.5 billion, revised from the previously published 0.1% increase. This followed a 0.2% October increase.

Shipments of manufactured nondurable goods, up following three consecutive monthly decreases, increased slightly to $180.5 billion. This was due to petroleum and coal products, which increased $1.0 billion or 3.1% to $32.0 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in November, up eighteen of the last nineteen months, increased $11.3 billion or 1.7% to $678.6 billion, unchanged from the previously published increase. This was at the highest level since the series began and followed a 1.4% October increase.

Inventories

Inventories of manufactured durable goods in November, up ten of the last eleven months, increased $0.8 billion or 0.3% to $294.6 billion, unchanged from the previously published increase. This followed a 0.8% October increase.

Inventories of manufactured nondurable goods, up following two consecutive monthly decreases, increased $0.3 billion or 0.2% to $187.3 billion. This was led by food products, which increased $0.2 billion or 0.7% to $34.5 billion.

By stage of fabrication, November materials and supplies increased 0.1% in durable goods and 0.5% in nondurable goods. Work in process increased 0.2% in durable goods and 0.2% in nondurable goods. Finished goods increased 0.5 percent in durable goods and decreased 0.1% in nondurable goods.


Available at:

http://www.census.gov/indicator/www/m3/index.htm