Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods rose 1.8 percent (nonannualized) in November, following a decrease of 0.8 percent in October. Excluding transportation, new orders were up 0.6 percent for the month, while new orders of durable goods grew 3.4 percent and nondurable goods fell 0.3 percent. New orders of nondefense capital goods excluding aircraft orders increased 4.1 percent in November, compared to a 0.8 percent decrease in October. Shipments increased 1.0 percent, led by an increase of 1.8 percent in shipments of durable goods. Unfilled orders increased 1.0 percent, while inventories were unchanged from a month ago. The unfilled orders-to-shipments ratio was 6.4, roughly where it has been since late 2009 but still well above the pre-crisis average of 4.3. The inventory-to-shipments ratio was steady at 1.3, roughly where it has been since late 2009.