(CercleFinance.com) – After an increase of 1.2% in October (figure revised compared to the initial estimate which was + 1%) orders to American industry rose by 1.6% in November , according to the Commerce Department, a development roughly in line with consensus.
For their part, industry shipments rose 0.7% in November after growing 2% the previous month. With the 0.7% increase in inventories, the inventory-to-shipment ratio remained stable month-over-month at 1.46.
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