US: New orders for manufactured durable goods in Nov increased 1.3% to $241.4 billion

"New orders for manufactured durable goods in November increased $3.1 billion or 1.3 percent to $241.4 billion," the U.S. Census Bureau reported on Friday.

Key highlights

This increase, up three of the last four months, followed a 0.4 percent October decrease.

Excluding transportation, new orders decreased 0.1 percent.

Transportation equipment, also up three of the last four months, drove the increase, $3.3 billion or 4.2 percent to $80.9 billion.

Shipments of manufactured durable goods in November, up six of the last seven months, increased $2.4 billion or 1.0 percent to $244.5 billion.