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New orders for durable goods increased 0.3%, ex-trans up 0.9%
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New orders for manufactured durable goods in December increased $0.5 billion or 0.3 percent to $167.9 billion, the U.S. Census Bureau announced today. This increase followed two consecutive monthly decreases including a 0.4 percent November decrease. Excluding transportation, new orders increased 0.9 percent. Excluding defense, new orders increased 0.3 percent. Machinery, up three of the last four months, had the largest increase, $1.4 billion or 6.0 percent to $24.1 billion.
Shipments of manufactured durable goods in December, up four consecutive months, increased $5.1 billion or 2.9 percent to $181.9 billion. This followed a 0.8 percent November increase. Transportation equipment, up three of the last four months, had the largest increase, $1.9 billion or 4.3 percent to $45.9 billion.
Unfilled orders for manufactured durable goods in December, down fifteen consecutive months, decreased $8.6 billion or 1.2 percent to $715.5 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 0.7 percent November decrease.
Transportation equipment, down fourteen of the last fifteen months, had the largest decrease, $8.6 billion or 2.1 percent to $408.9 billion.
Posted: January 28, 2010 Thursday 08:30 AM