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  • US February durable goods orders +1.4% vs +1.1% expected

    From forexlive.com

    Durable goods orders for the month of February 2024 • Prior was -6.2% (revised to -6.9%) • Non-defense capital goods orders ex-air +0.7% vs +0.1% expected • Prior non-defense capital goods orders ex-air+0.0% (revised to -0.4%) • Ex transport +0.5% vs +0.4% expected • Ex defense +2.2% vs -7.9% prior • Shipments +1.2% vs -0.8% prior • Full report • This is a solid reading, though the revisions take a bit of a shine off the report.

Added at 8:38am

  • US durable goods orders up 1.4% in February

    From breakingthenews.net

    The number of durable goods orders in the United States rose by 1.4% or $3.7 billion in February, landing at $277.9 billion, a report published by the United States Census Bureau on Tuesday showed. Transportation equipment led the increase, up 3.3% or $2.9 billion in comparison to the previous month, coming in at $90.4 billion. Excluding transportation, new orders rose 0.5% month on month and excluding defense, they went up by 2.2%. Meanwhile, shipments of manufactured durable goods grew by 1.2% to $282.7 billion in February, and transportation equipment led the increase, improving by 4.0% to $89.8 billion.

Added at 8:38am

  • US Durable Goods Orders expanded more than expected in February

    From fxstreet.com

    On Tuesday, Durable Goods Orders in the United States expanded by 1.4%, or $3.7 billion, to $277.9 billion in February according to the Census Bureau. This reading followed the 6.9% decrease recorded in the first month of the year and came in above market expectation for an expansion of 1.1%. From the press release: "Excluding transportation, new orders decreased 0.3%," the publication read. "Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders increased 2.2 percent. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $2.9 billion or ... (full story)

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