Sturdy Items Orders Rise 0.4% in August | ABA Banking Journal

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New orders for manufactured sturdy items in August elevated 1.0 billion or 0.4% to $232.8 billion, in keeping with the U.S. Census Bureau. This enhance, up 4 consecutive months, adopted an 11.7% July enhance. Excluding transportation, new orders elevated 0.4%. Excluding protection, new orders elevated 0.7%. Equipment, additionally up 4 consecutive months, led the rise, $0.5 billion or 1.5% to $31.2 billion.

Shipments of manufactured sturdy items in August decreased 0.3% or 0.7 billion to $244.1 billion. Transportation gear, down following three consecutive month-to-month will increase, drove the lower, $1.4 billion or 1.7% to $81.6 billion.

Inventories of manufactured sturdy items in August decreased 0.1% to $420.5 billion. This adopted an 0.8 lower in July.

Learn the Census release.

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