USA: Durable goods orders are falling again – 01/27/2022 at 14:45

(CercleFinance.com) – New orders for durable goods fell again in December in the United States, after two consecutive months of increase, statistics published on Thursday show.

This indicator, often considered a good barometer of corporate investment plans, fell 0.9% last month after gaining 3.2% in November.

Economists on average expected a slight drop of around 0.5%.

Non-aerospace orders rose 0.4%, while non-defense capital goods orders rose 0.1%.

The increase in shipments shows, however, that the economy is still on a good path.

Deliveries of durable goods rose by 0.8% last month, marking a seventh month of increase over the past eight months.

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