HomeLive CommentsUS durable goods orders rose 1.9%, five increase in a row

US durable goods orders rose 1.9%, five increase in a row

US durable goods orders rose 1.9% mom to USD 237.1B in September, well above expectation of 1.1% mom. That’s also the five consecutive month of growth. Excluding transportation, new orders rose 0.8% mom, also beat expectation of 0.4% mom. Excluding defense, new orders rose 3.4% mom. Transportation equipment rose four of the five months, led the increase, by 4.1% mom to USD 76.8B.

Full release here.

ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Learn Forex Trading