Factory Orders Increase 1.8% In November

New orders for manufactured goods in November, up two of the last three months, increased $8.8 billion or 1.8% to $497.9 billion, the U.S. Census Bureau reports. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.5% October decrease. Excluding transportation, new orders increased 0.6%.

Factory orders are up 2.5% from a year ago.

Factory Orders 600x375 Factory Orders Increase 1.8% In November

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