February 2013 new orders for manufactured durable goods increased 3.0 percent, to $492.0 billion. Shipments rose 0.9 percent, to $489.3 billion. Unfilled orders increased 0.9 percent, to $999.7 billion. Inventories rose 0.2 percent, to $620.0 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.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management,
Inc., a Washington State Registered Investment Adviser providing independent,
fee-only, financial planning services, portfolio management for individuals and
small businesses, and educational seminars/workshops. Since 1999, Chris
has devoted his professional practice to helping people make money, save money,
protect money, have convenience and peace of mind. He is an award-winning
speaker and the author of Personal Financial Planning.
Chris Bryant is an American financial advisor.