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Durable Goods Orders Down 5.1% in December

Posted 01/29/2016

New orders for manufactured durable goods in December decreased $12.0 billion or 5.1 percent to $225.4 billion, the U.S. Census Bureau announced this week. This decrease, down four of the last five months, followed a 0.5 percent November decrease.  Excluding transportation, new orders decreased 1.2 percent.  Excluding defense, new orders decreased 2.9 percent.

Transportation equipment, also down four of the last five months, led the decrease, $10.1 billion or 12.4 percent to $71.3 billion.   

The revised seasonally adjusted November figure for all manufacturing industries for new orders was $471.0 billion, revised from $472.2 billion.

To read the full release, go to https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf

 

 

 

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