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U.S. Durable Goods Orders Post First Decline in Three Months

  • December bookings fall 0.9% after upward revision to November
  • Non-defense capital goods orders minus aircraft little changed
A factory worker sandpapers a handmade chair at a wood shop in Auburn, Kentucky.
A factory worker sandpapers a handmade chair at a wood shop in Auburn, Kentucky.Photographer: Luke Sharrett/Bloomberg
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Orders placed with U.S. factories for durable goods fell in December for the first time in three months, pointing to a pause in capital investment at the close of the fourth quarter.