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New orders for durable goods increased 0.2%, ex-trans up 2.0%
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New orders for manufactured durable goods in November increased $0.3 billion or 0.2 percent to $166.9 billion, the U.S. Census Bureau announced today. This was the second monthly increase in the last three months. This followed a 0.6 percent October decrease. Excluding transportation, new orders increased 2.0 percent. Excluding defense, new orders decreased slightly. Computers and electronic products, also up two of the last three months, had the largest increase, $0.9 billion or 3.7 percent to $25.7 billion.
Shipments of manufactured durable goods in November, up three consecutive months, increased $0.5 billion or 0.3 percent to $175.9 billion. This followed a 0.7 percent October increase. Machinery, up two of the last three months, had the largest increase, $0.4 billion or 2.0 percent to $22.6 billion.
Unfilled orders for manufactured durable goods in November, down fourteen consecutive months, decreased $4.9 billion or 0.7 percent to $724.5 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 0.6 percent October decrease.
Transportation equipment, down thirteen of the last fourteen months, had the largest decrease, $5.2 billion or 1.2 percent to $418.1 billion.
Posted: December 24, 2009 Thursday 08:30 AM