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Politics : Formerly About Advanced Micro Devices

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To: Taro who wrote (452164)1/29/2009 12:05:30 PM
From: tejek  Read Replies (1) of 1578260
 
U.S. Dec. durable goods orders down 2.6%

By Greg Robb
Last update: 8:30 a.m. EST Jan. 29, 2009

WASHINGTON (MarketWatch) - Orders for U.S.-made durable goods sank in December, falling 2.6% on weaker demand for a wide range of products, the Commerce Department reported Thursday. Excluding the 0.6% gain in transportation goods, orders fell 3.6%. The decrease exceeded the expected 2.0% fall forecast by economists surveyed by MarketWatch. It was the fifth straight decline in new orders. The report was weak across the board. One of the only bright spots was a jump in commercial aircraft. Shipments fell 0.7% in December, and were down 1.4% excluding transportation goods. Inventories rose 0.4.
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