- Orders for durable goods fell in January at the largest monthly rate since April 2020.
- Durable goods are products designed to last at least three years, such as computers and machinery.
- New orders for durable goods decreased 4.5% to $272.3 Billion in January from December, following a 5.1% increase in December.
- Consensus among economists was a 3.6% decline.
- The Right Facts will continue to monitor Durable Goods.