Banking

New Orders for Manufactured Durable Goods Decrease in December

New orders for produced resilient items in December reduced $2.4 billion or 0.9% to $267.6 billion, the U.S. Census Bureau revealed today. This reduction, down following 2 successive month-to-month boosts, followed a 3.2% November boost. Excluding transport, brand-new orders increased 0.4%. Excluding defense, brand-new orders increased 0.1%.

Shipments of produced resilient items in December, up 7 of the last 8 months, increased 0.8% or $2.2 billion. This followed a 0.8% November boost. Transportation devices, up 3 successive months, led the boost, $0.7 billion or 0.9% to $77.4 billion.

Inventories of produced resilient items in December, up eleven successive months, increased $3.3 billion or 0.7% to $473.6 billion.

Read the Census release.

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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