Durable goods orders decline in December
New orders for manufactured durable goods decreased $5.0 billion or 2.5 percent in December to $191.0 billion, the U.S. Census Bureau announced today.
This decrease, down four of the last five months, followed a 0.1 percent November decrease. Excluding transportation, new orders increased 0.5 percent.
Excluding defense, new orders decreased 2.5 percent. Transportation equipment, also down four of the last five months, had the largest decrease, $5.8 billion or 12.8 percent to $39.2 billion. This was due to nondefense aircraft and parts, which decreased $5.0
billion.
Shipments of manufactured durable goods, up three of the last four months, increased $2.8 billion or 1.4 percent to $200.4 billion. This followed a 0.5 percent November increase.
Machinery, up four of the last five months, had the largest increase, $1.7 billion or 6.7 percent to $27.1 billion.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
