New orders for manufactured goods dropped 3.4% in December, after falling a revised 1.7% in November, first reported as a 0.7% decline, the Commerce Department reported Tuesday.
Economists polled by Thomson Reuters expected a 2.2% decline in December orders.
Excluding transportation, new orders fell 2.3%, after a 1.3% drop the previous month, initially reported as a 0.6% decrease. Excluding defense, orders dropped 3.2%, after a 1.3% slide in October.
Durable goods orders fell 3.3% after a 2.2% decrease in November, while nondurable goods orders were off 3.4% after a 1.2% drop in November.
