Washington (AFP)

New orders for US manufactured goods fell in November on a sharp decline in aircraft sales, ending a four-month streak of increases, the Commerce Department reported Friday.

Orders saw their biggest monthly decline since December 2015, falling 2.4 percent to $458.3 billion and reversing much of the 2.8 percent gain recorded the prior month.

While the decline was expected, it was bigger than the analyst consensus which called for a decline of only 2.1 percent.

Durable goods orders did an about-face, falling 4.5 percent to $228.8 billion after posting a five percent gain in October.

Civilian aircraft and parts tumbled 73.8 percent to $5.7 billion, dragging down the transportation sector as a whole, which fell 13.2 percent.

Military aircraft and parts, however, more than doubled to $7.8 billion. Orders for cars, parts and trailers were up 1.3 percent.

Excluding the more volatile transportation sector, orders rose 0.1 percent to $381.6 billion, marking four straight months of increases but slowing decisively from October's 0.8 percent gain.

Manufacturers saw gains in civilian communications equipment, which rose 7.2 percent, and industrial machinery, up 10.8 percent.

Agence France-Presse

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