Market Updates

Durable Goods Orders and Shipments Rise In December

Brian Turner
26 Jan, 2023
New York City

    U.S. durable goods orders soared 5.6% in December from previous month and orders, largest increase since July 2020. 

    Transportation orders increased 16.7% and new orders excluding transportation fell 0.1%. 

    Transportation equipment, also up four of the last five months, drove the increase, $15.5 billion or 16.7% to $108.1 billion.

    New orders excluding defense orders rose 6.3%.  

    Shipments of manufactured durable goods in December, up nineteen of the last twenty months, increased $1.4 billion or 0.5% to $277.7 billion, following a 0.4% November increase. 

    Transportation equipment, up fourteen of the last fifteen months, drove the increase, $1.5 billion or 1.7% to $93.8 billion.

    Critically watched, nondefense new orders for capital goods in December increased $16.2 billion or 19.2% to $100.6  billion. 

    Shipments increased $0.2 billion or 0.2% to $85.2 billion. 

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