U.S. durable goods orders slumped 5.1% in December, while excluding transportation orders were down 1.2%, the Commerce Department reported Thursday.
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Economists polled by Thomson Reuters expected a 0.3% decrease in orders and a 0.2% drop excluding transportation.
In November, orders fell a revised 0.5%, first reported as a flat level, while excluding transportation sales slid 0.5%, initially reported as a 0.1% dip.
Excluding defense orders declined 2.9% in December after a 2.0% decrease in November.
