Metal shipments, new orders rebound

Sep 26, 2013 | 05:14 PM | Corinna Petry

Tags  durable goods, metal producers, fabricators, shipments, new orders, inventories, gross domestic product, Michael Montgomery IHS Global Insight

CHICAGO — Shipments and new orders of primary metals and fabricated metals rebounded in August, while each sector lowered inventories slightly, according to U.S. Census Bureau data released Sept. 25.

Primary metal producers’ shipments totaled nearly $26.5 billion, up 6.1 percent from July. However, the total of almost $204 billion for the first eight months of the year was 1.5 percent lower than a year earlier, according to the data, which is not seasonally adjusted.....

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