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US Durable Goods Orders Plunge, Jobless Claims Fall From 6-Month High

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Orders to US factories for long-lasting manufactured goods plunged in December, with a key category that is proxy for business investment plans declining for a second consecutive month, increasing the risk of negative fourth quarter GDP surprise. According to the Commerce Department, durable goods orders plummeted 5.1% in the reported[​IMG]

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