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American industry sees 1.2% increase in orders in August, continuing upward trend

After a decline of 2.1% in July, orders to American industry increased by 1.2% in August, according to figures published by the Department of Commerce.

For their part, deliveries by American industry increased for the 4th consecutive month, at +1.3% in August. Finally, as inventories increased by 0.3%, the inventory-to-delivery ratio fell slightly, from 1.47 in July to 1.46 in August.

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2023-10-04 14:12:02


#USA #industrial #orders #August

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