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US Reports Flat Durable Goods Orders

News, 30 January 2004

US durable goods ordered stayed flat in December, according to latest Commerce Department figures.

Total orders for products designed to last more than three years stood at $181 billion (€145bn; £99bn), unchanged from the November figure. Nevertheless, December's flat reading was an improvement on the previous month's 2.3% decline.

Manufacturers of communications equipment had an especially tough month, with orders tumbling 18%. Computer and electronic equipment orders were also down, falling 2.7% on November.

Data sourced from: The Wall Street Journal Online; additional content by WARC staff