Research >> Economics
December New Orders for Durable Goods decreased 5.1%, Ex-Trans down 1.2%
|
New orders for manufactured durable goods in December decreased $12.0 billion or 5.1 percent to $225.4 billion, the U.S. Census Bureau announced today. This decrease, down four of the last five months, followed a 0.5 percent November decrease. Excluding transportation, new orders decreased 1.2 percent. Excluding defense, new orders decreased 2.9 percent. Transportation equipment, also down four of the last five months, led the decrease, $10.1 billion or 12.4 percent to $71.3 billion.
Shipments of manufactured durable goods in December, down two of the last three months, decreased $5.4 billion, or 2.2 percent, to $235.8 billion. This followed a 0.6 percent November increase. Transportation equipment, also down two of the last three months, led the decrease, $5.4 billion or 6.7 percent to $75.1 billion.
Unfilled orders for manufactured durable goods in December, down following two consecutive monthly increases, decreased $5.6 billion or 0.5 percent to $1,187.6 billion. This followed a 0.1 percent November increase. Transportation equipment, also down following two consecutive monthly increases, led the decrease, $3.8 billion or 0.5 percent to $795.2 billion.
Inventories of manufactured durable goods in December, up following five consecutive monthly decreases, increased $2.1 billion, or 0.5 percent, to $397.9 billion. This followed a 0.2 percent November decrease. Transportation, up following three consecutive monthly decreases, led the increase, $1.8 billion or 1.4percent to $131.8 billion.
Nondefense new orders for capital goods in December decreased $11.3 billion or 15.0 percent to $64.4 billion. Shipments decreased $5.3 billion or 6.6 percent to $74.7 billion. Unfilled orders decreased $10.3 billion or 1.4 percent to $742.8 billion. Inventories increased $1.2 billion or 0.7 percent to $175.9 billion. Defense new orders for capital goods in December decreased $4.9 billion or 34.4 percent to $9.3 billion. Shipments increased $0.4 billion or 3.6 percent to $10.2 billion. Unfilled orders decreased $0.9 billion or 0.6 percent to $150.5 billion. Inventories decreased less than $0.1 billion or 0.1 percent to $21.3 billion.
Revised seasonally adjusted November figures for all manufacturing industries were: new orders, $471.0 billion (revised from $472.2 billion); shipments, $474.7 billion (revised from $475.3 billion); unfilled orders, $1,193.2 billion (revised from $1,193.9 billion); and total inventories, $641.9 billion (revised from $641.3 billion).
Posted: January 28, 2016 Thursday 08:30 AM