Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

Factory Orders Rose 3 Percent In February

WASHINGTON (UPI) — Factory orders for U.S. manufactured goods rose 3 percent in February to the highest level since 1992, the Commerce Department said Tuesday.

With orders up by $14.5 billion to $492 billion, the department’s U.S. Census Bureau News said fresh business for factories was at the highest level since it adopted new accounting methods, making comparisons to earlier years difficult.

The department also revised its figure for January, reporting that new orders dropped 1 percent, not 2 percent as was previously reported.

Factory orders have risen two of the past three months.

Shipments, up five of the past six months, rose 0.9 percent to $489.3 billion, also the highest level since 1992. Factory inventories, rising for the third consecutive month, also hit a modern record, climbing 0.2 percent to $620 billion.

New orders for durable goods, which dropped 3.7 percent in January, increased 5.6 percent to $232.2 billion. Orders for big-ticket transportation items — trucks, ship, planes and trains — provided the biggest push in the increase, rising 21.8 percent or $13.3 billion to $74.5 billion.

New orders for non-durable goods, which are goods expected to last less than three years, also rose, climbing 0.8 percent to $259.8 billion.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Factory Orders Rose 3 Percent In February”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.