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8 Market Beats Jan/Feb 2024 FDM AsiA | www.fdmasia.com






through November 2023 period were up 3.4 percent from the percent. Transportation equipment, also up two of the last
same period a year ago. three months, led the increase at 15.3 percent.
Retail trade sales were up 0.1 percent from October 2023, Shipments of manufactured durable goods in November
and up 3.1 percent above last year. Non-store retailers were 2023, up following two consecutive monthly decreases,
up 10.6 percent from last year. increased 1.0 percent to $283.2 billion. This followed a 0.8
Sales at furniture and home furnishings stores were down percent October 2023 decrease. Transportation equipment,

4.3 percent from November 2022 and down 5.5 percent year also up following two consecutive monthly decreases, led the
to date. increase, $2.0 billion or 2.3 percent to $90.3 billion.
According to the fnal report, orders for furniture and
Durable goods orders and factory shipments related products were down 0.5 percent and shipments were
New orders for manufactured durable goods in November down 2.3 percent. Year to date, orders and shipments were
2023, up two of the last three months, increased $15.1 down 0.2 percent.
billion or 5.4 percent to $295.4 billion, according to the U.S.
Census Bureau. This followed a 5.1 percent October 2023 Consumer confdence
decrease. Excluding transportation, new orders increased The Conference Board Consumer Confdence Index® increased

0.5 percent. Excluding defence, new orders increased 6.5 in December 2023 to 110.7 (1985=100), up from a downwardly


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