Durable Goods Orders Slid 3.7% in January
New orders for manufactured durable goods decreased 3.7% in January to $247.0 billion, following a 0.5% December rise, according to the U.S. Census Bureau. Transportation equipment drove the decrease, falling 10.0% to $77.7 billion over the month. New orders excluding defense declined 2.7% on the month, while orders of nondefense capital goods slipped 1.5% to