U.S. Durable Goods Orders Exceed Expectations in December

The U.S. durable goods orders excluding aircraft and non-defense capital goods rose by 0.6% in December, surpassing the anticipated 0.4%. According to Jin10, the previous value was revised from 0.40% to 0.8%. This data indicates a stronger-than-expected performance in the manufacturing sector, reflecting increased business investment and economic resilience.