U.S. Durable Goods Orders Inch Up 0.2% In December, Much Less Than Expected

After reporting a notable increase in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday showing durable goods orders rose by much less than expected in the month of December.

The Commerce Department said durable goods orders edged up by 0.2 percent in December after surging by an upwardly revised 1.2 percent in November.

by RTTNews Staff Writer

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