US Factory Orders Fall

Economists were expecting a 0.5% decline.

This is the fourth consecutive month of declines.

"New orders for manufactured durable goods in November, down three of the last four months, decreased $2.3 billion or 0.9 percent to $241.6 billion, revised from the previously published 0.7 percent decrease," the Census reported. "This followed a 0.3 percent October increase.
Transportation equipment, also down three of the last four months, led the decrease, $1.0 billion or 1.3 percent to $75.5 billion."