The 2020 Mid-Year Economic Update_long

Durable Goods New Orders Up Slightly in November

Transportation equipment led the modest increase, up 0.4 percent.

New orders for manufactured durable goods in November increased $0.1 billion or virtually unchanged to $238.8 billion, according to the U.S. Census Bureau. This increase, up two consecutive months, followed a 2.9 percent October increase. Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders decreased 1.5 percent.

Transportation equipment, also up two consecutive months, drove the increase, $0.3 billion or 0.4 percent to $82.2 billion.  

Shipments of manufactured durable goods in November, up two of the last three months, increased $2.1 billion, or 0.9 percent, to $241.8 billion. This followed a 1.2 percent October decrease.

Transportation equipment, also up two of the last three months, drove the increase, $2.3 billion or 2.9 percent to $80.8 billion.

Unfilled orders for manufactured durable goods in November, up two consecutive months, increased $1.9 billion or 0.2 percent to $1,194 billion. This followed a 0.3 percent October increase.

Transportation equipment, also up two consecutive months, led the increase, $1.3 billion or 0.2 percent to $799.5 billion.

Inventories of manufactured durable goods in November, down six of the last seven months, decreased $1.1 billion, or 0.3 percent, to $395.7 billion. This followed a 0.3 percent October decrease.

Transportation, down four of the last five months, led the decrease, $0.8 billion or 0.6 percent to $129.8 billion.

Nondefense new orders for capital goods in November decreased $5.2 billion or 6.3 percent to $77.2 billion.  Shipments increased $1.8 billion or 2.3 percent to $80.2 billion. Unfilled orders decreased $3.1 billion or 0.4 percent to $754.3 billion. Inventories decreased $0.7 billion or 0.4 percent to $174.3 billion.

Defense new orders for capital goods in November increased $4.3 billion or 44.4 percent to $14.1 billion. Shipments decreased $0.8 billion or 7.5 percent to $9.8 billion. Unfilled orders increased $4.3 billion or 2.9 percent to $151.3 billion. Inventories decreased $0.4 billion or 1.9 percent to $21.4 billion.

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