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October factory orders grow.

In the fifth increase in the last six months, new orders for manufactured goods grew in October. The monthly increase seen for all manufacturing industries was 2.2%; for the durable-goods industries (table), the gain was even stronger, up 3.4%.

Strong, double-digit improvements in orders were taken by manufacturers of nondefense aircraft, communications equipment, and power-transmission equipment.
Metalworking Manufacturers' New Orders
U.S. $-Millions, Seasonally Adjusted

Industry Group Oct. Sept. Aug.

All Durable Industries 184,900 178,738 174,912
Fabricated metal products 20,842 20,755 20,531
Machinery 21,974 21,411 21,102
Computers & Electronics 34,164 32,878 30,663
Electrical equipment 8,584 8,598 8,429
Transportation 54,177 51,334 51,248
Furniture & related 5,922 5,943 5,789

Bureau of the Census, Washington, D.C. 301-457-4832.
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Publication:Metalworking Insiders' Report
Date:Dec 20, 2003
Words:136
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