Durable Goods Orders Post A Surprisingly Strong December Gain - InvestingChannel

Durable Goods Orders Post A Surprisingly Strong December Gain

Durable goods orders increased by a surprisingly strong 4.6% in December, closing out the year with the highest monthly gain since September. The increase was nearly three times above the consensus forecast of 1.6%, based on Econoday’s estimates. Much of the gain was due to a sharp rise in aircraft orders, a volatile component that […]

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