New orders for manufactured durable goods in December decreased 2.5 percent to $191 billion, according to the U.S. Census Bureau. Down four of the last five months, this decrease followed a 0.1 percent November decrease.
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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, 12.8 percent to $39.2 billion. This was due to nondefense aircraft and parts, which decreased $5 billion.
Shipments of manufactured durable goods in December, 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.
Unfilled orders for manufactured durable goods in December, down following eight consecutive monthly increases, decreased $3.6 billion or 0.4 percent to $822.8 billion. This followed a 0.5 percent November increase. Transportation equipment, down two consecutive months, had the largest decrease, $8.7 billion or 1.8 percent to $473.6 billion.
Inventories of manufactured durable goods in December, up twelve consecutive months, increased $2.1 billion or 0.7 percent to $322.0 billion. This followed a 0.9 percent November increase. Transportation equipment, also up twelve consecutive months, had the largest increase, $1.6 billion or 1.9 percent to $86.3 billion.
Nondefense new orders for capital goods in December decreased $4.2 billion or 6.3 percent to $61.4 billion. Shipments increased $1.8 billion or 2.8 percent to $67.1 billion. Unfilled orders decreased $5.7 billion or 1.1 percent to $498.8 billion. Inventories increased $1.2 billion or 0.9 percent to $136.9 billion.
Defense new orders for capital goods in December decreased $0.3 billion or 3.6 percent to $8.4 billion. Shipments increased $0.1 billion or 1.5 percent to $8.9 billion. Unfilled orders decreased $0.4 billion or 0.3 percent to $139.0 billion. Inventories decreased $0.1 billion or 0.8 percent to $17.6 billion.
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