Posted January 6, 2025
November durables orders dip 1.1%
New orders for manufactured durable goods in November, down three of the last four months, decreased $3.0 billion or 1.1% to $285.1 billion, the U.S. Census Bureau announced.
This followed a 0.8% October increase. Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders decreased 0.3%.
Transportation equipment, also down three of the last four months, led the decrease, $2.9 billion or 2.9% to $95.5 billion.