March 26, 2017

Probably Not Made in the USA

Made in the USA took another hit in August as manufactured goods orders declined 0.5%. This is the 3rd decrease among the last 4 months. Excluding transportation equipment, such as vehicles, planes, and parts, orders increased 0.9%. However, transportation equipment makes up a quarter of durable goods manufacturing, so excluding transportation equipment will always result with a skewed statistic. Also, inventories of manufactured goods increased for the 8th consecutive month in August.

These statistics come from a monthly survey [.pdf] of 4,300 manufacturers conducted by the Census Bureau and Commerce Department.

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