The following is the unedited transcript of the news release from the U.S. Census Bureau of the Department of Commerce.

Summary

New orders for manufactured goods in November, up five of the last six months, increased $6.2 billion or 1.5 percent to $430.3 billion, the U.S. Census Bureau reported today. This followed a 0.7 percent October increase. Shipments, up four of the last five months, increased $6.2 billion or 1.5 percent to $429.4 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.2 percent October increase.

Unfilled orders, up thirty of the last thirty-one months, increased $7.5 billion or 1.0 percent to $786.8 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.0 percent October increase. The unfilled orders-to-shipments ratio was 5.28, up from 5.22 in October. Inventories, up nine of the last ten months, increased $3.9 billion or 0.8 percent to $524.4 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.2 percent October increase. The inventories-to-shipments ratio was 1.22, down from 1.23 in October.

New Orders


New orders for manufactured durable goods in November, down four consecutive months, decreased $0.2 billion or 0.1 percent to $214.1 billion, revised from the previously published 0.1 percent increase. This followed a 0.5 percent October decrease.

New orders for manufactured nondurable goods increased $6.4 billion or 3.0 percent to $216.3 billion.

Shipments

Shipments of manufactured durable goods in November, down three of the last four months, decreased $0.1 billion or 0.1 percent to $213.1 billion, revised from the previously published slight decrease. This followed a 0.5 percent October increase.

Shipments of manufactured nondurable goods, up six of the last seven months, increased $6.4 billion or 3.0 percent to $216.3 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 2.0 percent October increase. This increase was due to petroleum and coal products, which increased $6.9 billion or 15.0 percent to $53.4 billion. Petroleum and coal products were also at the highest level since the series was first stated on a NAICS basis in 1992.

Unfilled Orders

Unfilled orders for manufactured durablof the last thirty-one months, increased $7.5 billion or 1.0 percent to $786.8 billion, unchanged from the previously published increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.0 percent October increase.

Inventories

Inventories of manufactured durable goods in November, up four of the last five months, increased $2.4 billion or 0.7 percent to $317.2 billion, revised from the previously published 0.8 percent increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.4 percent October increase.

Inventories of manufactured nondurable goods, up two of the last three months, increased $1.6 billion or 0.8 percent to $207.2 billion. This followed a 0.2 percent October decrease. Petroleum and coal products led the increase, up $0.9 billion or 2.5 percent to $36.6 billion.

By stage of fabrication, November materials and supplies increased 0.4 percent in durable goods and decreased 0.5 percent in nondurable goods. Work in process increased 1.3 percent in durable goods and 2.1 percent in nondurable goods. Finished goods increased 0.4 percent in durable goods and 1.2 percent in nondurable goods.


Available at:

http://www.census.gov/indicator/www/m3/index.htm