Updated: 26-Jan-26 09:42 ET
| November Durable Orders |
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| Updated: 26-Jan-26 09:42 ET |
Highlights
- Durable goods orders jumped 5.3% month-over-month in November (Briefing.com consensus: 1.1) following an upwardly revised 2.1% decline (from -2.2%) for October.
- Excluding transportation, durable goods orders rose 0.5% month-over-month (Briefing.com consensus: 0.3%) following a downwardly revised 0.1% increase (from 0.2%) for October.
Key Factors
- New orders for primary metals were flat after declining 1.1% in October.
- New orders for fabricated metal products increased 1.0% after increasing 0.8% in October.
- New orders for machinery jumped 0.5% after increasing 0.6% in October.
- New orders for computers and electronic equipment rose 0.2% after increasing 0.2% in October.
- New orders for transportation equipment surged 14.7% after declining 6.3% in October.
Big Picture
- The key takeaway from the report is that it showed good business spending activity, evidenced by the 0.7% month-over-month jump in nondefense capital goods orders excluding aircraft.
| Category | NOV | OCT | SEP | AUG | JUL |
| Total Durable Orders | 5.3% | -2.1% | 0.6% | 3.0% | -2.8% |
| Less Defense | 6.6% | -1.3% | 0.1% | 1.9% | -2.4% |
| Less Transport | 0.5% | 0.1% | 0.6% | 0.5% | 0.9% |
| Transportation | 14.7% | -6.3% | 0.7% | 8.0% | -9.3% |
| Capital Goods | 14.5% | -5.6% | 2.6% | 5.0% | -9.0% |
| Nondefense | 20.0% | -4.0% | -1.0% | 5.0% | -8.6% |
| Nondefense/nonaircarft (core cap gds) | 0.7% | 0.3% | 1.0% | 0.9% | 0.7% |
| Defense Cap Goods | -14.3% | -13.2% | 24.3% | 4.9% | -11.4% |
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