Durable-goods orders beat estimates for December

01/28/2013 | IndustryWeek

Durable-goods orders were up by a better-than-expected 4.6% to $230.7 billion in December, with transportation accounting for the largest increase at 11.9%, according to a U.S. Census Bureau report. Shipments of manufactured durable goods increased in five of the last six months of 2012, but MAPI senior economist Cliff Waldman warned that manufacturing will face uncertainty in 2013.

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