ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

Durable Goods Orders Up 0.8% in November

Posted 12/21/2018
New orders for manufactured durable goods in November increased $1.9 billion or 0.8 percent to $250.8 billion, the U.S. Census Bureau announced. This increase, up following two consecutive monthly decreases, followed a 4.3 percent October decrease. Excluding transportation, new orders decreased 0.3 percent. Excluding defense, new orders decreased 0.1 percent. Transportation equipment, up three of the last four months, drove the increase, $2.5 billion or 2.9 percent to $87.0 billion.

The revised seasonally adjusted October figure for all manufacturing industries  for new orders was $502.7 billion (unchanged).

To read the full report, visit https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf
Author
ELFA Editorial Staff