Manufacturing new orders fell -0.4% MoM in November, slightly below expectations of a -0.3% MoM decline. Nondefense capital goods (ex-aircraft) new orders increased 0.4% MoM as shipments saw a slightly small increase of 0.3% MoM. Consumer goods new orders were up just 0.1% MoM as durables were down -1.4% MoM and offset by a 0.4% MoM increase in non-durables. Manufacturing unfilled orders were up 0.3% MoM and 2.1% YoY with inventories up 0.3% MoM and 0.4% MoM.