New orders for manufactured goods in January, down following four consecutive monthly increases, decreased $10.8 billion or 2.5% to $429.2 billion, the U.S. Census Bureau reported today. This followed a 2% December increase. Shipments, up four of the last five months, increased $4.7 billion or 1.1% to $431.8 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.4% December decrease. |
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