December 2012 new orders for manufactured durable goods increased 1.8 percent, to $484.8 billion. Shipments rose 0.4 percent, to $484.9 billion. Unfilled orders increased 0.8 percent, to $991.7 billion. Inventories rose 0.1 percent, to $615.5 billion.
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.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc. – an institutional investor and state-registered investment adviser. Bryant provides independent, fee-only, financial planning services for individual investors. Since 1999, Chris has devoted himself to helping people make money, save money, protect money, have convenience and peace of mind. Connect with Chris by E-mail or call 1-800-980-3048 toll free.
Chris Bryant is an American financial advisor.