BREAKING: Computers and electronic products shipments rose 4.9% YoY and 0.9% MoM in November, to $32 billion, the highest since 2008.
This marks the 15th consecutive monthly increase.
Since the 2020 pandemic, shipments have surged 25%.
By comparison, the 2000 and 2008 peaks were $44.5 billion and $34.3 billion, respectively.
Overall, the total US durable goods orders jumped 12.3% YoY and 5.3% MoM in November, to $323 billion, the 2nd-highest on record.
Tech investment is gaining momentum.