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    Economy

    Durable Goods Shipments, Inventories and Orders

    Written by Peter Wright


    New orders for durable goods in December fell by 3.4 percent from November’s level to $230.5 billion, economists had expected a 0.5 percent gain. The three month moving average (3MMA) fell by 1.7 percent. The December result is a sharp deviation from the trend line that has existed since the recession, (Figure 1).

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