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ECON: Durable Goods Orders Higher Than Expected
Posted to: Micro News
Friday, December 21, 2012 8:44 AM
- Durable Goods Orders +0.7 vs +0.2 Consensus
New orders for manufactured durable goods in
November increased $1.6 billion or 0.7 percent to
$220.9 billion, the U.S. Census Bureau announced
today. This increase, up six of the last seven months,
followed a 1.1 percent October increase. Excluding
transportation, new orders increased 1.6 percent.
Excluding defense, new orders increased 0.8 percent.
Machinery, up three consecutive months, had the
largest increase, $1.0 billion or 3.3 percent to $32.0
Revised seasonally adjusted October figures for all
manufacturing industries were: new orders, $478.9
billion (revised from $477.6 billion); shipments, $483.2
billion (revised from $482.3 billion); unfilled orders,
$983.4 billion (revised from $982.9 billion); and total
inventories, $615.3 billion (revised from $616.0 billion).
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