• Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues


Durable Goods Decline Less Than Predicted

Orders for durable goods produced in U.S. factories declined in November, according to figures from the U.S. Department of Commerce, but by a smaller percentage than industry analysts predicted. The drop of 1 percent marked the fourth consecutive month of declining orders, but was less than the 3 percent average prediction from economists. Durable goods are big-ticket items expected to last three years or longer. The November figure reflected a 7.4 percent decline in the transportation sector, including a 37.7 percent slide in demand for commercial aircraft. Excluding transportation, total orders actually rose 1.2 percent. Demand for computers and electronic products rose 5.9 percent, and machinery orders rose 4.1 percent.

Follow Area Development