New orders for manufactured goods in January, down following five consecutive monthly increases, decreased $6.9 billion or 1.4% to $491.7 billion, the U.S. Department of Commerce reports. This followed a 1.8% December increase. Shipments, up thirteen of the last fourteen months, increased $2.8 billion or 0.6% to $498.8 billion.
New orders for manufactured durable goods in January, down following two consecutive monthly increases, decreased $9.0 billion or 3.6% to $240.0 billion, up from the previously published 3.7% decrease. This followed a 2.7% December increase.