U.S. Durable Goods New Orders Fell 1.3% In November

(For November 2010)

Durable goods new orders fell 1.3% in November vs. -0.5% consensus and -3.1% revised increase in October (revised upwards from -3.3%).

Chart 1. U.S. Durable Goods New Orders

Transportation taken out the figure was an increase of 2.4% vs. 1.9% fall in October (revised upwards from -2.7%). The consensus was at +1.8%.

Chart 2. U.S. Durable Goods Orders Ex. Transportation

Mixed bag of data; bulls and bears could find their arguments here. The orders are rising, but the pace of improvements is falling.

This entry was posted on Thursday, December 23rd, 2010 at 7:43 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.


Get Adobe Flash player