Nov. Durable Goods Orders -0.7% vs 3% Expected, Ex-Trans -0.4% vs 1%

Nov. Durable Goods Orders -0.7% vs 3% Expected, Ex-Trans -0.4% vs 1%

UPDATE - More from the U.S. Census Bureau:

New orders for manufactured durable goods in November decreased $1.7 billion or 0.7 percent to $242.3 billion, the U.S. Census Bureau announced today. (Consensus estimates called for a 3 percent increase.) This decrease, down three of the last four months, followed a 0.3 percent October increase. Excluding transportation, new orders decreased 0.4 percent. Excluding defense, new orders decreased 0.1 percent.

Inventories of manufactured durable goods in November, up nineteen of the last twenty months, increased $1.7 billion or 0.4 percent to $408.2 billion. This was at the highest level since the series was first published on a NAICS basis and followed a 0.4 percent October increase.

Nondefense new orders for capital goods in November increased $0.4 billion or 0.5 percent to $82.8 billion. Shipments decreased $0.5 billion or 0.6 percent to $79.3 billion. Unfilled orders increased $3.5 billion or 0.5 percent to $739.2 billion. Inventories increased $0.9 billion or 0.5 percent to $186.5 billion.

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