LA Times reports:
Excluding transportation equipment, new orders for manufactured durable goods slipped 0.6% in January, to nearly $131 billion, after increasing 2% the month before, the Commerce Department said Thursday.
Transportation equipment was a bright spot, increasing 15.6% to $44.8 billion, led by orders for non-defense aircraft and parts.
Overall, new orders rose 3% to $175.7 billion. Shipments fell, however, after four consecutive increases (including a 2.4% rise in December); they slid 0.2% to $180.7 billion in January.
Inventories remained relatively even in January at $302.6 billion after falling steadily over the past 13 months. But stockpiles of computers and electronics plunged 1.2% to $42.9 billion.