Posted December 23, 2024
Advance report shows November new orders dipped
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, according to the U.S. Census Bureau.
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.