Steel Products
January 30, 2013
Durable Goods Orders and Shipments Rise in December
Written by Sandy Williams
Written by: Sandy Williams
New orders and shipments for manufactured durable goods both rose in December. New orders increased $10 billion or 4.6 percent to $230.7 billion, rising for the fourth consecutive month according to figures released by the Department of Commerce. New orders have been up seven of the last eight months, with transportation equipment showing the largest increase, $8.1 billion or 11.9 percent to $75.9 billion.
