🚨 BREAKING: US computer and electronics shipments hit highest since 2008
Shipments of computers and electronic products rose +4.9% YoY and +0.9% MoM in November, reaching $32 billion, the highest level since 2008. This marks the 15th consecutive monthly increase and reflects a +25% surge since the 2020 pandemic.
For context, previous peaks were $44.5B in 2000 and $34.3B in 2008. Overall, US durable goods orders climbed +12.3% YoY and +5.3% MoM in November, totaling $323 billion, the second-highest on record.
This trend indicates tech investment is gaining momentum, signaling ongoing confidence from businesses in technology and electronics spending.
Market participants should watch shipments and durable goods orders as indicators of broader economic and tech sector strength.
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