Durable Goods New Orders Flat in November - Modern Distribution Management

Durable Goods New Orders Flat in November

Transportation equipment up slightly.

New orders for manufactured durable goods in November were flat at $238.8 billion, according to the U.S. Census Bureau. This slight increase, up two consecutive months, followed a 2.9 percent October increase. Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders decreased 1.5 percent.

Transportation equipment, also up two consecutive months, drove the increase, up 0.4 percent to $82.2 billion.

Shipments of manufactured durable goods in November, up two of the last three months, increased 0.9 percent to $241.8 billion. This followed a 1.2 percent October decrease.

Transportation equipment, also up two of the last three months, drove the increase, 2.9 percent to $80.8 billion.

Unfilled orders for manufactured durable goods in November, up two consecutive months, increased 0.2 percent to $1,194 billion. This followed a 0.3 percent October increase.

Transportation equipment, also up two consecutive months, led the increase, 0.2 percent to $799.5 billion.

Inventories of manufactured durable goods in November, down six of the last seven months, decreased 0.3 percent to $395.7 billion. This followed a 0.3 percent October decrease.

Transportation, down four of the last five months, led the decrease, 0.6 percent to $129.8 billion.

Nondefense new orders for capital goods in November decreased 6.3 percent to $77.2 billion. Shipments increased 2.3 percent to $80.2 billion. Unfilled orders decreased 0.4 percent to $754.3 billion. Inventories decreased 0.4 percent to $174.3 billion.

Defense new orders for capital goods in November increased 44.4 percent to $14.1 billion. Shipments decreased 7.5 percent to $9.8 billion. Unfilled orders increased 2.9 percent to $151.3 billion. Inventories decreased 1.9 percent to $21.4 billion.

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