US Durable Goods Orders Unchanged in November

New orders for US manufactured durable goods were virtually unchanged or rose $0.1 billion in November of 2015, following a downwardly revised 2.9 percent growth in the previous month, as new orders for transportation equipment increased by 0.4 percent. Excluding transportation, new orders decreased 0.1 percent while excluding defense, orders fell 1.5 percent.
US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com 12/23/2015 2:05:55 PM
New orders for manufactured durable goods in November increased $0.1 billion or virtually unchanged to $238.8 billion. This increase, up two consecutive months, followed a 2.9 percent October increase. Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders decreased 1.5 percent. Transportation equipment, also up two consecutive months, drove the increase, $0.3 billion or 0.4 percent to $82.2 billion. 

Shipments of manufactured durable goods in November, up two of the last three months, increased $2.1 billion, or 0.9 percent, to $241.8 billion. This followed a 1.2 percent October decrease. Transportation equipment, also up two of the last three months, drove the increase, $2.3 billion or 2.9 percent to $80.8 billion.

Unfilled orders for manufactured durable goods in November, up two consecutive months, increased $1.9 billion or 0.2 percent to $1,194.0 billion. This followed a 0.3 percent October increase. Transportation equipment, also up two consecutive months, led the increase, $1.3 billion or 0.2 percent to $799.5 billion. 

Inventories of manufactured durable goods in November, down six of the last seven months, decreased $1.1 billion, or 0.3 percent, to $395.7 billion. This followed a 0.3 percent October decrease. Transportation, down four of the last five months, led the decrease, $0.8 billion or 0.6 percent to $129.8 billion.

Nondefense new orders for capital goods in November decreased $5.2 billion or 6.3 percent to $77.2 billion. Shipments increased $1.8 billion or 2.3 percent to $80.2 billion. Unfilled orders decreased $3.1 billion or 0.4 percent to $754.3 billion. Inventories decreased $0.7 billion or 0.4 percent to $174.3 billion.

Defense new orders for capital goods in November increased $4.3 billion or 44.4 percent to $14.1 billion. Shipments decreased $0.8 billion or 7.5 percent to $9.8 billion. Unfilled orders increased $4.3 billion or 2.9 percent to $151.3 billion. Inventories decreased $0.4 billion or 1.9 percent to $21.4 billion. 

US Durable Goods Orders Unchanged in November