Summary.  New orders for manufactured goods in November, up four of the last five months, increased $3.2 billion or 0.7 percent to $423.8 billion, the U.S. Census Bureau reported today.  This followed a 0.7 percent October decrease.  Excluding transportation, new orders increased 2.4 percent.  Shipments, up three consecutive months, increased $3.4 billion or 0.8 percent to $424.5 billion.  This followed a 0.4 percent October increase.  Unfilled orders, up ten of the last eleven months, increased $4.8 billion or 0.6 percent to $826.9 billion.  This followed a 0.7 percent October increase.  The unfilled orders-to-shipments ratio was unchanged at 5.75.  Inventories, also up ten of the last eleven months, increased $4.1 billion or 0.8 percent to $543.8 billion.  This followed a 1.1 percent October increase.  The inventories-to-shipments ratio was unchanged at 1.28.

 

New Orders.  New orders for manufactured durable goods in November, down three of the last four months, decreased $0.6 billion or 0.3 percent to $195.7 billion, revised from the previously published 1.3 percent decrease.  This followed a 3.1 percent October decrease.  Transportation equipment, also down three of the last four months, had the largest decrease, $5.7 billion or 11.1 percent to $46.0 billion.  New orders for manufactured nondurable goods increased $3.7 billion or 1.7 percent to $228.2 billion.

 

Shipments.  Shipments of manufactured durable goods in November, also down three of the last four months, decreased $0.3 billion or 0.1 percent to $196.3 billion, revised from the previously published 0.3 percent decrease.  This followed a 0.9 percent October decrease.  Transportation equipment, down four consecutive months, had the largest decrease, $1.5 billion or 3.1 percent to $46.6 billion.  Shipments of manufactured nondurable goods, up four consecutive months, increased $3.7 billion or 1.7 percent to $228.2 billion.  This followed a 1.5 percent October increase.  Petroleum and coal products, also up four consecutive months, led the increase, up $2.3 billion or 4.2 percent to $57.5 billion.

 

Unfilled Orders.  Unfilled orders for manufactured durable goods in November, up ten of the last eleven months, increased $4.8 billion or 0.6 percent to $826.9 billion, revised from the previously published 0.4 percent increase.  This followed a 0.7 percent October increase.  Machinery, up ten consecutive months, had the largest increase, $2.1 billion or 2.0 percent to $106.5 billion.

 

Inventories.  Inventories of manufactured durable goods in November, up eleven consecutive months, increased $2.0 billion or 0.6 percent to $319.2 billion, unchanged from the previously published increase.  This followed a 0.6 percent October increase.  Transportation equipment, also up eleven consecutive months, had the largest increase, $1.1 billion or 1.3 percent to $84.3 billion.  Inventories of manufactured nondurable goods, up three consecutive months, increased $2.1 billion or 0.9 percent to $224.6 billion.  This followed a 2.0 percent October increase.  Petroleum and coal products, also up three consecutive months, drove the increase, up $2.4 billion or 5.3 percent to $48.1 billion.  By stage of fabrication, November materials and supplies increased 0.4 percent in durable goods and 1.6 percent in nondurable goods.  Work in process increased 0.9 percent in durable goods and 0.3 percent in nondurable goods.  Finished goods increased 0.5 percent in durable goods and 0.8 percent in nondurable goods.