- Prior +1.5%; revised to +1.6%
That's a surprising beat, with the jump owing to a spike in large orders in the manufacture of metal products (+25.3%) and in other vehicle construction i.e. aircraft, ships, trains, military vehicles (+12.3%). That adds to moderate increases in several other sectors too, helping to underscore a strong reading for November.
Looking at other form of breakdowns, the orders for capital goods rose by 7.9% while orders for intermediate goods increased by 1.0% and for consumer goods by 8.2%. Then, foreign orders rose by 4.9% on the month while domestic orders increased by 6.5%.
Compared to November 2024, new orders in the manufacturing sector are estimated to be 10.5% higher year-on-year. As for the less volatile three-month comparison, new orders from September 2025 to November 2025 were 4.0% higher than in the preceding three months. If you exclude large orders from that equation, new orders rose by 2.1% over the same period.
