Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods increased 0.2 percent (nonannualized) in December, following an upwardly revised 1.3 percent gain in November. Excluding transportation, new orders rose 1.7 percent in December and are up 10.1 percent over the past year. Nondefense capital goods excluding aircraft orders rose 1.9 percent in December and is trending at an annualized rate of 8.1 percent over the past three months; still strong, but below its 12-month growth rate of 16.3 percent. Shipments of manufactured goods increased 2.0 percent in December, following a 1.6 percent increase in November, and is up 6.8 percent over the past year. Also, inventories grew for the seventh consecutive month, rising 1.1 percent in December.