Keeping you up to date on the latest data releases.
- Durable Goods
New orders for durable goods slipped down 1.3 percent in November, though that was largely due to continued volatility in aircraft orders. Excluding transportation equipment, new orders rose 2.4 percent and are up 10.6 percent over the past year. New orders for nondefense capital goods excluding aircraft rose 2.6 percent in November, not quite reversing an upwardly revised 3.6 percent decrease in October. On a year-over-year basis, the series is up 14.4 percent through November, though is only trending at an annualized growth rate of 2.8 percent over the past three months. Shipments of durables ticked down 0.3 percent during the month, its third decrease in the past four month. Shipments are, however, still up 4.3 percent over the past year. Inventories continued to expand in November, rising 0.6 percent and matching its increase in October.