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Last updateThu, 20 Sep 2018 3pm

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Manufacturing & The Economy

U.S. Factory Orders Declined 0.8% in May

New orders for manufactured goods in May, down two consecutive months, decreased $3.7 billion or 0.8% to $464.9 billion, the U.S. Department of Commerce reports. This followed a 0.3% April decrease. Shipments, up five of the last six months, increased $0.6 billion or 0.1% to $471.5 billion.

New orders for manufactured durable goods in May, down two consecutive months, decreased $1.9 billion or 0.8% to $229.1 billion, up from the previously published 1.1% decrease. This followed a 0.8% April decrease. 

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