Wall Street Journal (01/27/15) Josh Mitchell; Jeffrey Sparshott
Durable goods orders declined for the second straight month in December, a sign of weaker business spending. Orders fell by 3.4%, according to the U.S. Department of Commerce. Economists polled by the Wall Street Journal had forecast orders would increase by 0.3%. Excluding the transportation category, orders declined 0.8%. Orders for nondefense capital goods—excluding aircraft—declined 0.6%.