Durable Goods Orders Rose by 0.9% in November

Washington, DC, December 23, 2020-New orders for manufactured durable goods in November increased $2.2 billion or 0.9% to $244.2 billion, the U.S. Census Bureau announced. This increase, up seven consecutive months, followed a 1.8% October increase. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders increased 0.7%. Transportation equipment, up six of the last seven months, led the increase, $1.5 billion or 1.9% to $78.8 billion.

Shipments of manufactured durable goods in November, up six of the last seven months, increased $0.7 billion or 0.3% to $250.1 billion. This followed a 1.5% October increase. Primary metals, up seven consecutive months, led the increase, $0.3 billion or 1.8% to $19.2 billion.

Unfilled orders for manufactured durable goods in November, down eight of the last nine months, decreased $0.8 billion or 0.1% to $1,072.9 billion. This followed a 0.2% October decrease. Transportation equipment, down nine consecutive months, drove the decrease, $3.5 billion or 0.5% to $713.3 billion.