Durable Goods Orders Declined 2.2% in December

Washington, DC, January 28, 2025-New orders for manufactured durable goods in December, down four of the last five months, decreased $6.3 billion or 2.2% to $276.1 billion, the U.S. Census Bureau announced. This followed a 2.0% November decrease. 

Excluding transportation, new orders increased 0.3%. Excluding defense, new orders decreased 2.4%. Transportation equipment, also down four of the last five months, drove the decrease, $6.9 billion or 7.4% to $86.1 billion.

Shipments of manufactured durable goods in December, up following four consecutive monthly decreases, increased $2.6 billion or 0.9% to $287.4 billion. This followed a 0.2% November decrease. Transportation equipment, also up following four consecutive monthly decreases, led the increase, $2.5 billion or 2.8% to $93.2 billion.

Unfilled orders for manufactured durable goods in December, down following five consecutive monthly increases, decreased $6.4 billion or 0.5% to $1,396.2 billion. This followed a 0.2% November increase. Transportation equipment, also down following five consecutive monthly increases, drove the decrease, $7.1 billion or 0.8% to $898.6 billion.

Inventories of manufactured durable goods in December, up two consecutive months, increased $2.4 billion or 0.4% to $533.0 billion. This followed a 0.5% November increase. Transportation equipment, also up two consecutive months, led the increase, $1.9 billion or 1.1% to $174.6 billion.


Related Topics:U.S. Census Bureau