US durable goods orders preview

From businessweek.com

The Commerce Department releases its December report on durable goods. The report will be issued Tuesday at 8:30 a.m. Eastern. ORDERS REBOUND: The expectation is that orders for long-lasting manufactured goods rose 0.4 percent in December, according to economists surveyed by data firm FactSet. DURABLE GOODS: In November, orders for durable goods, items expected to last at least three years, fell 0.9 percent, the third decline in the past four months. A closely watched category that serves as a proxy for business investment dropped 0.5 percent in November, the third straight monthly decline. The recent weakness in ... (full story)