USA News Today | Daily Us NewsPaper
Sunday, August 24, 2025
  • Politics
  • Headlines
  • Local news
  • Business
  • Science
  • Lifestyle
  • Tech
USA News Today | Daily Us NewsPaper
No Result
View All Result
Home Business

U.S. Factory Orders Inch Up In Line With Estimates In December

February 16, 2024
in Business
U.S. Factory Orders Inch Up In Line With Estimates In December


New orders for U.S. manufactured goods rose in line with estimates in the month of December, according to a report released by the Commerce Department on Friday.

The report said factory orders crept up by 0.2 percent in December after surging by 2.6 percent in November. The uptick in orders matched economist estimates.

The modest increase in factory orders came as orders for non-durable goods rose by 0.4 percent, more than offsetting a slight pullback in durable goods orders.

Meanwhile, the Commerce Department said shipments of manufactured goods were virtually unchanged in December after climbing by 0.5 percent in November.

The report also said inventories of manufactured goods inched up by 0.1 percent in December after coming in virtually unchanged in the previous month.

With inventories and shipments both showing little change, the inventories-to-shipments ratio came in unchanged from the previous month at 1.48.

Copyright © 2024, RTTNews.com, Inc. All Rights Reserved.

Tags: Breaking NewsEconomic NewsForex Top StoryFront Page NewsGeneral NewsTop story

Related Posts

U.S. Consumer Sentiment Tumbles To Six-Month Low In May

by USA News Editor
May 13, 2024
0

A report released by the University of Michigan on Friday showed a substantial deterioration in U.S. consumer sentiment in the...

U.S. Service Sector Activity Contracts For First Time Since December 2022

by USA News Editor
May 3, 2024
0

After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a...

U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher

by USA News Editor
May 3, 2024
0

After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday...

U.S. Factory Orders Surge In Line With Estimates In March

by USA News Editor
May 2, 2024
0

New orders for U.S. manufactured goods surged in line with economist estimates in the month of March, according to a...

U.S. Labor Productivity Increases Modestly In Q1, Labor Costs Spike

by USA News Editor
May 2, 2024
0

A report released by the Labor Department on Thursday showed labor productivity in the U.S. increased by less than expected...

U.S. Trade Deficit Narrows Slightly To $69.4 Billion In March

by USA News Editor
May 2, 2024
0

The U.S. trade deficit edged slightly lower in the month of March, according to a report released by the Commerce...

Advertisement

Today Trend USA News

U.S. Construction Spending Unexpectedly Sees Further Downside In February

1 year ago
FairWell Festival 2024 To Feature Brandi Carlile, Billy Strings, Jason Isbell & More

FairWell Festival 2024 To Feature Brandi Carlile, Billy Strings, Jason Isbell & More

1 year ago

House To Vote Wednesday On Bill That Could Ban TikTok

1 year ago

Tuberculosis Detected At Chicago Migrant Shelters

1 year ago

Experts Recommend Urgent Action To Address Kidney Diseases

1 year ago

Kip Moore Announces Departure From MCA Nashville

1 year ago

Popular News Today

  • Lung, Breast And Colorectal Cancers Major Cancer Types In World: Survey

    Lung, Breast And Colorectal Cancers Major Cancer Types In World: Survey

    0 shares
    Share 0 Tweet 0
  • About
  • Contact Form
  • Terms of Use
  • Privacy Policy
  • DMCA

© 2024 USANEWS.ONE

No Result
View All Result
  • Politics
  • Headlines
  • Local news
  • Business
  • Science
  • Lifestyle
  • Tech

© 2024 USANEWS.ONE

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

We respect your privacy and take protecting it seriously