Summary New orders for manufactured goods, excluding semi-conductors, in April increased $3.7 billion or 1.2 percent to $323.9 billion, the Department of Commerce, Census Bureau reported today. This followed a 1.0 percent March increase. Year to date, new orders for 2002 were 4.5 percent below the same period a year ago. Shipments, excluding semiconductors, increased $7.5 billion or 2.4 percent to $326.2 billion, following a 1.1 percent March increase. Year to date, shipments for 2002 were 4.6 percent below the same period a year ago. Unfilled orders, excluding semiconductors, decreased $2.3 billion or 0.4 percent to $522.7 billion, following a 0.3 percent March increase. The unfilled orders-to-shipments ratio was 4.18, down 2.8 percent from 4.30 in March. Inventories, excluding semiconductors, down fifteen consecutive months, decreased $1.0 billion or 0.2 percent to $430.5 billion, following a 0.6 percent March decrease. The inventories-to-shipments ratio was 1.32, down 2.2 percent from 1.35 in March.