Metal producers, fabricators’ shipments, new orders climb
Mar 04, 2013 | 09:41 AM
| Corinna Petry
Tags
metal producers,
metal fabricators,
shipments,
new orders,
inventories,
durable goods,
gross domestic product,
Paul Edelstein
IHS Global Insight
CHICAGO — U.S. metal producers’ shipments rose 10.5 percent in January to $28.38 billion, more than making up for a 4.3-percent decline in December, while new orders jumped 12.8 percent to $28.93 billion after falling 4.7 percent in the same comparison.
Metal fabricators’ shipments were valued at $26.12 billion in January; the 6-percent gain reversing a 5.8-percent drop in December. New orders rose 10.2 percent to $28.78 billion, the latest Census Bureau data show.....
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