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Dec Durable Goods New Orders Far Below Expected

US DATA
MNI (Washington)
  • U.S. durable goods new orders rose 0.2% in December, falling below expectations for a gain of 1.0%. That followed a revised 1.2% increase in November (prev +1.0%).
  • Orders of transportation equipment fell 1.0% in December, with nondefense aircraft and parts orders down 51.8% and defense aircraft orders down 5.0%. Motor vehicle and parts orders rose 1.4% in December.
  • Excluding transportation, new orders were up 0.7% when forecasts had called for an increase of 0.5%.
  • Capital goods new orders were down 2.5%, with nondefense capital down 2.0% and defense capital goods orders down 5.3%.
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com

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