core capital goods

Factory Orders for November 2010 - New Orders up, 0.7%, Core Capital Goods up 2.6%

The Manufacturers’ Shipments, Inventories and Orders for November 2010 was released today. New orders overall increased 0.7%. Removing transportation (which includes aircraft) from the numbers, new orders increased 2.4%. This report is commonly referred to as Factory Orders in the press and refers to domestic manufactured goods, both durable and non-durable.