New orders for manufactured goods in January, up two consecutive months, increased $0.3 billion or 0.1% to $500.5 billion, the U.S. Department of Commerce reports. This followed a 0.1% December increase. Shipments, down four consecutive months, decreased $1.8 billion or 0.4% to $503.1 billion. This followed a 0.2% December decrease.
New orders for manufactured durable goods in January, up three consecutive months, increased $0.9 billion or 0.3% to $255.3 billion, down from the previously published 0.4% increase. This followed a 1.3% December increase.