*SCALPSWINGSTRADDLE*

[Zephyr]

Durable Goods Orders
Released On 1/28/2014 8:30:00 AM For Dec, 2013
Prior Prior Revised Consensus Consensus Range Actual
New Orders - M/M change 3.5 % 2.6 % 1.6 % -2.0 % to 3.5 % -4.3 %
Ex-transportation - M/M 1.2 % 0.1 % 0.7 % 0.2 % to 1.5 % -1.6 %
Highlights
Manufacturing unexpectedly stumbled in December. New factory orders for durables in December dropped a monthly 4.3 percent, following a revised gain of 2.6 percent in November (originally estimated as up 3.4 percent).

The transportation component sank a monthly 9.5 percent after surging 7.9 percent in October. Excluding transportation, durables declined 1.6 percent in December after edging up 0.1 percent the month before.

More detail coming.
Market Consensus before announcement
Durable goods orders in November rebounded a sharp 3.4 percent, following a 0.7 percent dip in October. The transportation component jumped a monthly 8.3 percent after a drop of 3.5 percent in October. Excluding transportation, durables gained 1.2 percent in November, following a rise of 0.7 percent the month before. Outside of transportation, gains were seen in fabricated metals, machinery, and "other." Decreases were seen primary metals and electrical equipment. Numbers reflect revisions from the more recent total factory orders report.