Thursday, February 25, 2016

Advance Report on Durable Goods Shipments, Inventories and Orders: January 2016

Today, the U.S. Census Department released its advanced monthly Durable Goods Manufacturers’ Shipments, Inventories and Orders Report for January showing new orders for durable goods improved notably rising 4.9% from December and rising 1.75% above the level seen in January 2015.

Much of the strength came from the sub-components of new orders of non-defense aircraft parts (up 54.42) and communications equipment (up 9.6%).