New orders for manufactured durable goods in December increased $7.0 billion or 2.9% to $249.4 billion, the U.S. Department of Commerce announced. This was the largest increase since June 2017. This increase, up four of the last five months, followed a 1.7% November increase. Excluding transportation, new orders increased 0.6%. Excluding defense, new orders increased 2.2%.
Shipments of manufactured durable goods in December, up seven of the last eight months, increased $1.5 billion or 0.6% to $246.8 billion.
Inventories of manufactured durable goods in December, up seventeen of the last eighteen months, increased $1.3 billion or 0.3% to $406.5 billion. This followed a 0.2% November increase.