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    Steel Products

    Durable Goods Lose Ground in January

    Written by Sandy Williams


    Written by: Sandy Williams

    New orders of manufactured durable goods decreased 5.2 percent to $217.0 billion in January according to Department of Commerce data. The downturn in January followed four consecutive months of increase including a 3.7 percent rise in December. Transportation equipment declined three of the last four months, dropping 19.8 percent from December to $59.7 billion in January.

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