United States Durable Goods Orders ex Transportation below forecasts (-0.1%) in December: Actual (-1.2%)

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Jan 28, 2016

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Jan 28, 2016

US durable goods order falls sharply (-5.1%) in December, much higher than estimates

Durable goods order in December fell 5.1 per cent after having stagnated in November. Excluding transportation it dropped sharply 1.2 percent. It was expected to fall 0.1 per cent. Excluding defense, new orders decreased 2.9 percent.

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