Posted January 28, 2025
Advance report shows 2.2% decrease in December new orders
New orders for manufactured durable goods in December, down four of the last five months, decreased $6.3 billion or 2.2% to $276.1 billion, the U.S. Census Bureau announced January 28.
This followed a 2.0% November decrease.
Excluding transportation, new orders increased 0.3%. Excluding defense, new orders decreased 2.4%.
Transportation equipment, also down four of the last five months, drove the decrease, $6.9 billion or 7.4% to $86.1 billion.