Economy

Advance Report on Manufactured Durable Goods

December 26, 2013

The following is a summary from the U.S. Census Bureau advanced report on durable goods for November. The revised and more detailed estimates will be released by the Bureau on January 6, 2014.

New Orders: New orders for manufactured durable goods in November increased $8.2 billion or 3.5 percent to $241.6 billion. Transportation equipment led the increase with an 8.4 percent increase to $81.2 billion, $3.9 billion of which was nondefense aircraft and parts.

Shipments: Shipments of manufactured durable goods in November, up four consecutive months, increased $4.1 billion or 1.8 percent to $238.3 billion. Machinery shipments increased by 4.5 percent to $35.6 billion.

Unfilled Orders: Unfilled orders for manufactured durable goods in November, up nine of the last ten months, increased $10.5 billion or 1.0 percent to $1,058.5 billion. Transportation equipment accounted for $654.3 billion, up 1.3 percent for the month.

Inventories: Inventories of manufactured durable goods in November, up seven of the last eight months, increased $1.2 billion or 0.3 percent to $384.7 billion. Transportation equipment also led this increase, up 0.4 percent to $120.8 billion.

Capital Goods: Nondefense new orders for capital goods in November increased $7.5 billion or 9.4 percent to $88.0 billion. Shipments increased $1.0 billion or 1.3 percent to $75.0 billion. Unfilled orders increased $13.0 billion or 2.1 percent to $636.6 billion. Inventories increased $1.0 billion or 0.5 percent to $175.1 billion.

Defense new orders for capital goods in November increased $0.5 billion or 6.3 percent to $9.2 billion. Shipments increased $0.9 billion or 9.6 percent to $10.8 billion. Unfilled orders decreased $1.6 billion or 0.9 percent to $165.3 billion. Inventories decreased $0.5 billion or 2.1 percent to $22.5 billion.