New orders for manufactured durable goods in November increased $8.2 billion or 3.5% to $241.6 billion, the U.S. Census Bureau reports. This increase, up three of the last four months, followed a 0.7% October decrease.
Excluding transportation, new orders increased 1.2%. Excluding defense, new orders increased 3.5%. Transportation equipment, also up three of the last four months, led the increase, $6.3 billion or 8.4% to $81.2 billion. This was led by nondefense aircraft and
parts, which increased $3.9 billion.
November’s new orders for manufactured durable goods are up 10.9% from the same period a year ago.