In January, new orders for core capital goods were up 6.3 percent over December's level. New orders for machinery, which were up 13.2 percent over the month of January, lead the increase. Orders for motor vehicles, a major mover of the series over the last few months due to its weight and substantial postrecession growth rate, were flat in January.
Compared to the same level in January 2012, new orders for core capital goods were 4.7 percent higher in January 2013.
