Manufacturers' Shipments, Inventories, and Orders, also known as "factory orders," is a monthly report released by the Economics & Statistics Administration, U.S. Department of Commerce, from data gathered by the Census Bureau that comprises the dollar level of new orders for manufactured durable goods (products with an expected life of at least three years) and nondurable goods. The report gives more complete information than the Advance Report on Durable Goods, released earlier in the month.
November 2012 new orders for manufactured durable goods were unchanged at $477.6 billion. Shipments rose 0.4 percent, to $483.7 billion. Unfilled orders increased 0.1 percent, to $984.5 billion. Inventories were virtually unchanged at $615.2 billion.
Chris Bryant, MBA, RFC® is the founder and chief executive officer (CEO) of Bryant Wealth Management, Inc., an independent, fee-only, registered investment adviser. Bryant provides financial planning services for individual investors. Chris has a Masters Degree of Business Administration in Financial Planning from Glendale University and the Registered Financial Consultant designation from the International Association of Registered Financial Consultants. Since 1999, Chris has devoted himself to the practice of financial services – helping people make money, save money, protect money, have convenience and peace of mind. Connect with Chris by E-mail or call toll-free 1-800-980-3048.
Chris Bryant is an American financial advisor.