Orders for Manufactured Goods Rose 0.8% in November
Washington, DC, December 21, 2018-New orders for manufactured durable goods in November increased $1.9 billion or 0.8% to $250.8 billion, the U.S. Census Bureau announced.
This increase, up following two consecutive monthly decreases, followed a 4.3% October decrease. Excluding transportation, new orders decreased 0.3%. Excluding defense, new orders decreased 0.1%. Transportation equipment, up three of the last four months, drove the increase, $2.5 billion or 2.9% to $87.0 billion.
Shipments of manufactured durable goods in November, up three of the last four months, increased $1.8 billion or 0.7% to $256.7 billion. This followed a 0.4% October decrease. Transportation equipment, also up three of the last four months, led the increase, $1.8 billion or 2.0% to $89.5 billion.
Related Topics:U.S. Census Bureau