US-made goods orders decline in Jan

By Agence France-Presse

Feb 29, 2024 12:17 am

WASHINGTON, D.C.: US manufactured goods orders dropped more rapidly than expected in January amid a sharp decline in new orders for transportation equipment and civilian aircraft, according to fresh government data published on Tuesday.

New durable goods orders for January decreased by 6.1 percent to $276.7 billion, the Commerce Department said in a statement, down sharply from a revised 0.3-percent decline in December.

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