Manufactured Goods Orders Down 0.2 Percent in November

New orders for manufactured goods fell 0.2 percent to $472.2 billion in November following a 1.3 percent increase in October, according to the U.S. Census Bureau. Excluding transportation, new orders fell 0.3 percent to $390.4 billion.

New orders for manufactured durable goods were virtually unchanged, decreasing less than $0.1 billion to $238.6 billion, following a 2.8 percent increase in October. New orders for primary metals drove the decrease falling 2.9 percent to $19.5 billion, as orders from iron and steel mills fell 5.8 percent.

Shipments of manufactured goods increased 0.2 percent to $475.3 billion, following a 0.7 percent decrease in October. Shipments excluding transportation declined 0.3 percent, consistent with the previous month. Shipments of durable goods rose 0.8 percent to $241.7 billion, following a 1.2 percent decline in October.

Read the Census release.