New durable goods orders drop in November
New orders for manufactured durable goods in November, down following three consecutive monthly increases, decreased $5.8 billion or 2.1% to $270.6 billion, the U.S. Census Bureau announced December 23. This followed a 0.7 percent October increase.
Excluding transportation, new orders increased 0.2 percent. Excluding defense, new orders decreased 2.6 percent. Transportation equipment, down following three consecutive monthly increases, drove the decrease, $6.1 billion or 6.3 percent to $91.3 billion.
View Durable Goods Manufacturers' Shipments and New Orders Table
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
