U.S. durable-goods orders plunge 3.4% in December

Market Watch ^ | January 27, 2015 | By Greg Robb

[Oldeconomybuyer]

Orders for durable U.S. goods plunged 3.4% in December, the fourth decline in the past five months, the Commerce Department said Tuesday. The decline was well below expectations. Economists surveyed by MarketWatch had expected durable-goods orders to rise 0.1%. Adding to the sense of weakness, durable-goods orders for November were revised up to show a 2.1% decline instead of a drop of 0.9%.

[VideoDoctor]

Nothing more than another lesson in “FUN with NUMBERS.”