Story perspectives
December Factory Orders Plunge 0.9%, Surprising Analysts
2/5/2025
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Story summary
- Factory orders in December fell by 0.9%, surpassing the expected 0.7% decline, according to the U.S. Census Bureau.
- Transportation equipment orders dropped significantly by 7.4%, driving a 2.2% decrease in durable goods.
- Shipments increased by 0.6%, and inventories rose by 0.4%, resulting in a minor decline in the inventories-to-shipments ratio.
