Manufactured Goods Orders Rose in December

New orders for manufactured goods increased 1.3% to $464.9 billion in December, according to the U.S. Census Bureau. The December reading followed a 2.3% November decrease.

New orders for manufactured durable goods fell 0.5% to $227.1 billion, after decreasing 4.7% in November. Orders for transportation equipment drove the decrease, falling 2.5% to $73.5 billion.

Shipments of manufactured durable goods increased 1.4% to $238.1 billion. Transportation equipment led the increase, rising 2.4% to $82.2 billion.

Inventories of manufactured durable goods decreased 0.3% to $383.9 billion.

Read the Census release.