New orders for manufactured goods decreased 2.4% to $458.3 billion in November, according to the U.S. Census Bureau. The November reading followed four months of increases.
New orders for manufactured durable goods fell 4.5% to $228.8 billion, after increasing 5.0% in October. Orders for transportation equipment drove the decrease, rising 13.2% to $76.7 billion.
Shipments of manufactured durable goods increased 0.1% to $234.2 billion. Primary metals led the decrease, falling 2.0% to $18.1 billion.
Inventories of manufactured durable goods increased 0.2% to $384.1 billion.
Read the Census release.
