New factory orders for manufactured goods slumped 3.9% in December, the Commerce Department said yesterday.

The factory order decrease, to $362.44 billion, was larger than the 3.0% decrease projected by Thomson Reuters and came after a revised 6.5% decrease to $377.2 billion in November, originally reported as a 4.6% decline to $384.59 billion.

Excluding transportation, the level of all new manufacturing orders fell 4.4% to about $319.4 billion in December, following a 6.0% drop in November to $334.1 billion, originally reported as a 4.2% slide to $340.4 billion.

Excluding military orders, new orders slid 5.0% to $347.7 billion, following a 6.6% decrease to $366.1 billion last month, originally reported as a 4.1% drop to $370.5 billion.

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