MNI DATA IMPACT: US October Durable Orders Up 0.6%>

--October New Orders Excluding Transportation +0.6%

By Brooke Migdon 

     WASHINGTON (MNI) - Durable goods orders rose beyond expectations in 

October, carried by new orders of defense capital goods, aircraft and 

parts.  

     Total new orders increased 0.6%, compared with a 0.9% decline 

expected by Bloomberg, registering the largest increasing since July 

when new orders rose 2.1%. Excluding transportation, new orders also 

rose by a 4-month high of 0.6%. Aircraft supplier Boeing, a driver of 

transportation orders and shipments, recorded 45 orders in October. 

     Last month's sharp 1.2% drop was revised even lower to a steep 

1.4% decline. 

     Here are some of the other key takeaways from the data released 

Wednesday: 

     - The rebound in new orders was primarily led by orders of defense 

and transportation equipment, with orders of defense capital goods 

increasing by 16.6% and orders of defense aircraft and parts rising 

18.1%. Nondefense aircraft orders also saw a 10.7% gain.  

     - Nondefense capital goods new orders were up by 3.2% in 

October and saw an additional 1.2% gain excluding aircraft. Nondefense 

capital goods shipments increased 0.4% in the month, and shipments 

excluding aircraft also increased by 0.8%. 

     - Durables shipments were flat, but inventories increased by 0.3% 

and unfilled orders rose 0.1%. 

     ** MNI Washington Bureau: 202-371-2121 ** 

[TOPICS: MAUDS$,MT$$$$,M$U$$$,MAUDR$]