NOV FACTORY ORDERS: +1.8% V +1.7%E
- Prior revised higher from -0.9% to -0.5%
two of the last three months, increased $8.8 billion or 1.8
percent to $497.9 billion, the U.S. Census Bureau
reported today. This was at the highest level since the
series was first published on a NAICS basis in 1992 and
followed a 0.5 percent October decrease. Excluding
transportation, new orders increased 0.6 percent.
Shipments, up six of the last seven months, increased
$4.9 billion or 1.0 percent to $494.6 billion. This was
also at the highest level since the series was first
published on a NAICS basis and followed a 0.1 percent
October increase.
Unfilled orders, up nine of the last ten months,
increased $10.4 billion or 1.0 percent to $1,058.5 billion.
This was also at the highest level since the series was
first published on a NAICS basis and followed a 0.6
percent October increase. The unfilled orders-toshipments
ratio was 6.42, up from 6.39 in October.
Inventories, up eleven of the last twelve months,
increased $0.2 billion to $633.4 billion. This was also at
the highest level since the series was first published on a
NAICS basis and followed a slight October increase.
The inventories-to-shipments ratio was 1.28, down from
1.29 in October.
* New Orders
New orders for manufactured durable goods in
November, up three of the last four months, increased
$8.1 billion or 3.4 percent to $241.6 billion, revised from
the previously published 3.5 percent increase. This
followed a 0.7 percent October decrease.
Transportation equipment, also up three of the last four
months, led the increase, up $6.2 billion or 8.3 percent to
$81.1 billion.
New orders for manufactured nondurable goods
increased $0.8 billion or 0.3 percent to $256.3 billion.