Tuesday, December 23, 2014

New Orders for Durable Goods Decreased in November

New orders for durable manufactured goods decreased 0.7% to $242.3 billion in November, according to the U.S. Census Bureau. This decrease, down three of the last four months, followed a 0.3% increase in October. New orders decreased 0.7%; excluding transportation, new orders decreased 0.4%.

Shipments of manufactured durable goods decreased 0.4% this month, yet increased 4.9% year-over-year. November’s decline was driven by a 1.0% decrease in transportation.

Inventories of manufactured durable goods, up nineteen of the last twenty months, increased 0.4% to $408.2 billion – reaching the highest level since the series was first published on a NAICS basis.

Read the U.S. Census Bureau release.

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