U.S. Durable Goods Orders Decline 1% in January

Orders for U.S. durable goods fell 1.0% in January as demand fell in almost every major category except military hardware.
Commerce Department | anna@tradingeconomics.com 2/27/2014 1:49:43 PM
In January 2014, orders for transportation equipment fell 5.6 percent as aircraft orders sank 20.2% on fewer Boeing bookings and autos were down 2.2%.

Shipments of core capital goods, a category used to calculate quarterly economic growth, dropped 0.8% in January.

On the other side, orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly rose 1.1 percent, the largest increase since May, after falling 1.9 percent in December. The increase reflected a surge in orders for computers and electronic products, fabricated metal products and defense capital goods.

Orders for December were revised to show a 5.3% decline.

U.S. Durable Goods Orders Decline 1% in January