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%).
