According to a report issued by the U.S. Census Bureau, new orders for manufactured durable goods in December decreased $12.0 billion or 5.1% to $225.4 billion. The decrease, down four of the last five months, followed a 0.5% November decrease. Excluding defense, new orders decreased 2.9%.
Transportation equipment, also down four of the last five months, led the decrease, $10.1 billion or 12.4% to $71.3 billion.
Shipments of manufactured durable goods in December, down two of the last three months, decreased $5.4 billion, or 2.2%, to $235.8 billion. Transportation equipment, also down two of the last three months, led the decrease, $5.4 billion or 6.7% to $75.1 billion.
Unfilled orders for manufactured durable goods in December, down following two consecutive monthly increases, decreased $5.6 billion, or 0.5%, to $1,187.6 billion. Transportation equipment, also down following two consecutive monthly increases, led the decrease, $3.8 billion or 0.5%, to $795.2 billion.
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