Source: Census Bureau
The US posted $530.7 billion worth of new orders for manufactured goods in December, down 0.4% or $2.4 billion from the previous month. SPY is down -1.19%, DXY is down -0.52%.
- Shipments rose by 0.4% or $2.1 billion to $528.9 billion, capping up another increase from nineteen of the last twenty months. The gain was lower than the 0.7% jump in November.
- Unfilled orders rose by 0.5% or 6.2 billion to $1,267.7 billion, accelerating gains after eleven consecutive months of increases. The increase was lower than the 0.8% jump posted in November.
- Inventories rose by 0.3% or $2.2 billion to hit $773.0 billion, a slower gain compared to an increase of 0.8% in November. The inventories-to-shipments ratio was unchanged at 1.46.
