Daily News: December 28, 2015

Transportation Equipment Leads New Orders, Shipments in November


According to the U.S. Census Bureau, 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% October increase. Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders decreased 1.5%. Transportation equipment, also up two consecutive months, drove the increase, $0.3 billion or 0.4% 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%, to $241.8 billion. This followed a 1.2% October decrease. Transportation equipment, also up two of the last three months, drove the increase, $2.3 billion or 2.9% to $80.8 billion.

Unfilled orders for manufactured durable goods in November, up two consecutive months, increased $1.9 billion or 0.2% to $1,194.0 billion. This followed a 0.3% October increase. Transportation equipment, also up two consecutive months, led the increase, $1.3 billion or 0.2% 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%, 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% to $129.8 billion.

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