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    U.S. factory orders declines 0.2% in January | 05.03.2015

     

    The U.S. Commerce Department released factory orders data on Thursday. Factory orders in the U.S. declined 0.2% in January, missing expectations for a 0.1% increase, after a 3.5% drop in December. That was the sixth straight decline.

     

     

    December's figure was revised down from a 3.4% fall.

     

     

    The decline was driven by lower orders for non-durable goods. Non-durable goods orders plunged by 3.1% in January.

     

     

    Durable goods orders jumped by 2.8% in January.


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