WASHINGTON -- December orders for manufactured durable goods rose 1.3%, the U.S. Census Bureau reported. It was the highest mark since Census Bureau began tracking the data in 1992.

Shipments were up 3.5%, the fourth hike in the past five months, also reaching their highest level since 1992.

Unfilled orders rose 2.4%, and have been up eight consecutive months. Unfilled orders were up 3.2% month-over-month.

Inventories, up five of the past six months, rose less than 0.1%.

New orders for nondefense capital goods in December fell 0.6%. Defense capital goods orders dropped 0.2%.

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