American industry sees 0.4% increase in orders, with continued decline in deliveries

(CercleFinance.com) – After an increase of 0.6% in March (figure revised compared to +0.9% initially announced), orders to American industry increased by 0.4% in April, according to figures released by the Department of Commerce.

For their part, industrial deliveries recorded a further decline, the fifth in the space of six months, at -0.4%.

After two months of contraction, inventories increased by 0.5%, leading to a slight increase in the inventory-to-shipments ratio, which rose from 1.48 in March to 1.50 in April.