Our Sites

Airplane purchases boosted November durable goods orders

New orders for manufactured durable goods in November increased $9.3 billion or 4.4 percent to $223.0 billion, the U.S. Census Bureau announced today. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 3.0 percent October increase. Excluding transportation, new orders decreased 0.6 percent. Excluding defense, new orders increased 5.9 percent.

Transportation equipment, up three of the last four months, had the largest increase, $10.1 billion or 15.6 percent to $75.1 billion. This was due to nondefense aircraft and parts, which increased $14.8 billion. Excluding transportation, new orders decreased 0.6 percent. Excluding defense, new orders increased 5.9 percent.

Shipments of manufactured durable goods in November, down two of the last three months, decreased $0.4 billion or 0.2 percent to $211.9 billion. This followed a 1.2 percent October increase.

Fabricated metal products shipments decreased 0.4 percent from October, and new orders decreased 1.4 percent.

More information can be found here.