Research >> Economics
New Orders for Durable Goods Decreased 1.3%, ex-trans up 2.4%
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New orders for manufactured durable goods in November decreased $2.6 billion or 1.3 percent to $193.7 billion, the U.S. Census Bureau announced today. This decrease, down three of the last four months, followed a 3.1 percent October decrease. Excluding transportation, new orders increased 2.4 percent. Excluding defense, new orders decreased 2.3 percent. Transportation equipment, also down three of the last four months, had the largest decrease, $6.2 billion or 11.9 percent to $45.5 billion. This was due to nondefense aircraft and parts, which decreased $6.6 billion.
Shipments of manufactured durable goods in November, also down three of the last four months, decreased $0.7 billion or 0.3 percent to $195.8 billion. This followed a 1.0 percent October decrease. Transportation equipment, down four consecutive months, had the largest decrease, $1.6 billion or 3.3 percent to $46.5 billion.
Unfilled orders for manufactured durable goods in November, up ten of the last eleven months, increased $3.4 billion or 0.4 percent to $825.7 billion. This followed a 0.7 percent October increase. Machinery, up ten consecutive months, had the largest increase, $2.1 billion or 2.0 percent to $106.3 billion.
Inventories of manufactured durable goods in November, up eleven consecutive months, increased $1.9 billion or 0.6 percent to $319.1 billion. This followed a 0.6 percent October increase. Transportation equipment, also up eleven consecutive months, had the largest increase, $1.1 billion or 1.3 percent to $84.3 billion.
Posted: December 23, 2010 Thursday 08:30 AM