Keeping you up to date on the latest data releases.
- Durable Goods
New orders for durable goods increased 3.5 percent in November. Over the past year, new orders are up 5.3 percent. New orders for transportation equipment rose 8.4 percent in November. Excluding volatile transportation equipment orders, new orders were up only 1.2 percent following an increase of 0.7 percent in October. Orders for nondefense capital goods excluding aircraft, which is used to evaluate the near-term outlook in equipment and software investment, rose 4.5 percent in November. Shipments of durable goods, which are up 3.4 percent over the past year, were up 1.8 percent in November. Shipments of nondefense capital goods excluding aircraft, which map directly into GDP, rose 4.5 percent in November after falling 0.7 percent in October. On a year-over-year basis, shipments of nondefense capital goods excluding aircraft are up 1.4 percent.