LONGVIEW – April 2013 new orders for manufactured durable goods increased 1.0 percent, to $474.0 billion. Shipments fell 0.7 percent, to $478.7 billion. Unfilled orders increased 0.3 percent, to $995.9 billion. Inventories rose 0.2 percent, to $627.9 billion.
Manufacturers' Shipments, Inventories, and Orders (M3), also known as "factory orders," is a monthly report derived from data released from the U.S. Census Bureau comprising the dollar level of new orders for manufactured durable goods (products with an expected life of at least three years) and nondurable goods. This survey provides broad-based, statistical data of the economic conditions in the domestic manufacturing sector. The survey measures current industrial activity and provides an indication of future business trends. Business leaders and investors rely upon economic indicators to make daily decisions. It’s important to put these decisions into a global context. For more information or advice, connect with me by email.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc., a Washington-State Registered Investment Adviser. Bryant publishes information, conducts educational seminars/workshops, and provides financial planning services for individuals and/or small businesses. Chris is an award-winning speaker and the author of Personal Financial Planning. Since 1999, Bryant has devoted his professional practice to helping people make money, save money, protect money, have convenience, and peace of mind. Connect with Chris.
Chris Bryant is an American financial advisor.