Orders for Durable Goods Rose 0.7% in November

Washington, DC, February 6, 2019-New orders for manufactured durable goods in November, up following two consecutive monthly decreases, increased $1.8 billion or 0.7% to $250.8 billion, down from the previously published 0.8% increase, the U.S. Census Bureau reported. This followed a 4.3% October decrease.

New orders for manufactured goods in November, down two consecutive months, decreased $3.1 billion or 0.6% to $499.2 billion. This followed a 2.1% October decrease.

Shipments, down two consecutive months, decreased $3.2 billion or 0.6% to $505.1 billion. This followed a 0.1% October decrease.

Unfilled orders, down two consecutive months, decreased $1.8 billion or 0.1% to $1,181.5 billion. This followed a 0.2% October decrease.

The unfilled orders‐to‐shipments ratio was 6.60, down from 6.68 in October.

Inventories, down following twenty‐four consecutive monthly increases, decreased $1.0 billion or 0.1% to $681.1 billion. This followed a 0.2% October increase. The inventories‐to‐shipments ratio was 1.35, up from 1.34 in October.

Transportation equipment, up three of the last four months, drove the increase, $2.5 billion or 3.0% to $87.0 billion.

New orders for manufactured nondurable goods decreased $4.9 billion or 1.9% to $248.4 billion.