Durable goods new orders jumped 3.1% MoM (vs 2.0% MoM expected) and 4.3% YoY in January, bouncing back from the -1.8% MoM drop in November and the -2.0% MoM drop in October.

• Ex transport, new orders were unchanged (vs 0.3% MoM expected) and up 1.7% YoY.
• Primary metals orders jumped 1.0% MoM while metal product orders fell -1.2% MoM. Machinery orders were up slightly, at 0.2% MoM.
• Electronics orders saw a strong increase of 1.7% MoM and were up 3.3% YoY.

• Nondefense capital goods (ex-aircraft) orders increased 0.8% MoM (vs 0.3% MoM expected) even though shipments fell -0.3% MoM. This segment saw unfilled orders increased 0.4% MoM, a notable.
• The advance estimate of manufacturing shipments growth is 0.4% MoM and 3.0% YoY with durables up 0.4% MoM and 3.1% YoY and nondurables up 0.3% MoM up 2.9% YoY.