Durable Goods Orders Rise 0.6% in December

Hume, Lynn
January 2005
Bond Buyer;1/28/2005, Vol. 351 Issue 32059, p2
Trade Publication
The article reports that U.S. Commerce Department has reported that the new orders for durable goods, excluding semiconductors, rose 0.6% in December 2004. Orders, excluding semiconductors, rose $ 1.2 billion to $200.3 billion in December, following a revised 1.8% gain in November, first reported as a 1.6% increase. The rise in new orders came as IFR BondData Americas' poll of economists projected a 2.0% increase. Excluding transportation, durable goods orders rose 2.1 % compared with a revised 0.9% decline in November, originally reported as a 0.8% drop. It was first gain in three months.


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