New orders for manufactured durable goods in November 2012 increased 0.7 percent to $220.9 billion. Excluding transportation, new orders rose 1.6 percent. Overall shipments increased 1.5 percent. Capital goods shipments rose 1.4 percent. Unfilled orders grew 0.1 percent. Inventories increased 0.2 percent in November.
Advance Report on Durable Goods is a monthly report, with revisions, released by the Economics & Statistics Administration, U.S. Department of Commerce, from data gathered by the Census Bureau of the number of orders for a broad range of products—from computers and furniture to autos and defense aircraft—with an expected life of at least three years.
Chris Bryant, MBA, RFC® is the founder and chief executive officer (CEO) of Bryant Wealth Management, Inc., an independent, fee-only, registered investment adviser. Bryant provides financial planning services for individuals, families, trusts, estates, 401(k) plans, IRAs, and pension plans. Chris has a Masters Degree of Business Administration in Financial Planning from Glendale University and the advanced designation Registered Financial Consultant from the International Association of Registered Financial Consultants. Since 1999, Chris has devoted himself to the practice of financial services – helping people make money, save money, protect money, have convenience and peace of mind. Connect with Chris by E-mail or call toll-free 1-800-980-3048.
Chris Bryant is an American financial advisor.