US: Durable Good Orders (Dec) dropped 4.3%

FXstreet.com (Edinburgh) - The Commerce Department has informed that orders for US long-lasting goods have contracted 4.3% MoM during December, missing expectations at 1.8% and down from November’s 2.6% gain (revised from 3.4%). Excluding the Transportation sector, orders fell 1.6%, short of estimates at 0.5%.