November Durable Goods Orders Increased 1.3%

Washington, DC, December 22, 2017-New orders for manufactured durable goods in November increased $3.1 billion or 1.3% to $241.4 billion, the U.S. Census Bureau has announced.

This increase, up three of the last four months, followed a 0.4% October decrease.

Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders increased 1.0%. Transportation equipment, also up three of the last four months, drove the increase, $3.3 billion or 4.2% to $80.9 billion.

Shipments of manufactured durable goods in November, up six of the last seven months, increased $2.4 billion or 1.0% to $244.5 billion. This followed a 0.5% October increase. Transportation equipment, up two of the last three months, led the increase, $2.1 billion or 2.6% to $81.3 billion.

Unfilled orders for manufactured durable goods in November, up three consecutive months, increased $1.1 billion or 0.1% to $1,137.0 billion. This followed a virtually unchanged October increase. Fabricated metal products, up ten of the last eleven months, led the increase, $0.5 billion or 0.6% to $81.3 billion.