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U.S.Economy: 
Durable Goods Orders Rise 3.1% in December
Author: 123jump.com Staff
123jump.com
Last Update: 8:53 AM EST January 26 2007


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New orders for manufactured durable goods in December increased $6.7 billion or 3.1% to $221.9 billion, the U.S. Census Bureau announced today. This was the fourth increase in the last five months and followed a 2.2%.November increase. Excluding transportation, new orders increased 2.3 percent. Excluding defense, new orders increased 3.9%.

 
The following is the unedited transcript of the news release from the Census Bureau of the Department of Commerce.


New Orders

New orders for manufactured durable goods in December increased $6.7 billion or 3.1 percent to $221.9 billion, the U.S. Census Bureau announced today. This was the fourth increase in the last five months and followed a 2.2 percent November increase. Excluding transportation, new orders increased 2.3 percent. Excluding defense, new orders increased 3.9 percent.

Shipments

Shipments of manufactured durable goods in December, up four of the last five months, increased $1.7 billion or 0.8 percent to $211.6 billion. This followed a 0.3 percent November increase.

Unfilled Orders

Unfilled orders for manufactured durable goods in December, up nineteen of the last twenty months, increased $15.5 billion or 2.3% to $694.9 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.8 percent November increase.

Inventories

Inventories of manufactured durable goods in December, up eleven of the last twelve months, increased $1.3 billion or 0.4 percent to $296.0 billion. This followed a 0.3 percent November increase.

Capital Goods Industries

Nondefense

Nondefense new orders for capital goods in December increased $6.7 billion or 9.0 percent to $80.7 billion.

Defense

Defense new orders for capital goods in December decreased $2.0 billion or 17.5 percent to $9.4 billion.


Available at:

http://www.census.gov/indicator/www/m3/index.htm
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