HomeLive CommentsUS durable goods orders dropped -2%, second decline in three months

US durable goods orders dropped -2%, second decline in three months

US durable goods orders dropped -2.0% mom to USD 242.6B, well below expectation of 0.2%. Headline orders was down in two of the last three months. Ex-transport orders was flat, missed expectation of 1.5% rise. Ex-defense orders, on the other hand, rose 0.8%.

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