Posted January 15, 2002 Manufacturing News Factory Orders Down 3.3% in November New orders for manufactured goods decreased 3.3% -- or $11.1 billion -- to $321.7 billion in November, making it the fifth decrease in the last six months, the Department of Commerce's Census Bureau reported Jan. 8. This drop followed a 7% increase in October. Year to date, new orders for 2001 are 7.9% below the same period a year ago. Shipments also were down, dropping $1.9 billion, or 0.6%, to $327 billion following a 2.3% increase in October. Shipments of durable goods increased 0.2% but were more than offset by a 1.6% decline in nondurables. Unfilled orders declined $5.3 billion, or 0.9%, to $551.2 billion after rising 0.7% in October. Inventories declined for the 10th consecutive month, down 0.9%, or $4.2 billion, to $453.1 billion. The Manufacturing Report © Copyright 2002 by Lionheart Publishing, Inc. All rights reserved. E-mail Editorial Dept: tmr-editorial@lionhrtpub.com Lionheart Publishing, Inc. 2555 Cumberland Parkway, Suite 299, Atlanta, GA 30339 USA Phone: 770-431-0867 | Fax: 770-432-6969 E-mail: lpi@lionhrtpub.com