In November, U.S. durable goods orders increased by 0.7% for core capital goods, exceeding expectations.

On November 23, the US Department of Commerce announced that orders for non-defense capital goods (core capital goods) excluding aircraft increased by 0.7% compared to the previous month. Demand for machinery and electrical products remains strong, turning from a 0.1% decrease in the previous month to a positive growth. It has once again highlighted the robust progress of the economy as it moves towards the end of the year.
The economists' financial estimates compiled by Reuters were +0.1%.
Shipments of core capital goods increased by +0.4%.

December 24, 2024 0:14 JST
Orders for core capital goods increased by 0.7% compared to the previous month - growth seen in machinery, computers, etc.
The conclusion of the election may lead to companies becoming more positive towards long-term investments.

In November, US durable goods orders statistics show a recovery in orders for business equipment, marking the largest growth in over a year.

Key points
Excluding aircraft, new orders for non-defense capital goods (core capital goods) increased by 0.7% compared to the previous month.
The median of economists' Financial Estimates is an increase of 0.1%.
Last month was revised upwards to a decrease of 0.1% (previously announced as a decrease of 0.2%).
The data has not been adjusted for inflation.
Overall orders for durable goods decreased by 1.1% compared to the previous month.
Market expectations are a decrease of 0.3%.
Last month was revised upwards to an increase of 0.8% (previously announced as an increase of 0.3%).
New orders excluding transportation equipment decreased by 0.1%.