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US durable goods orders rose 1.0% mom in Oct, ex-transport orders up 0.5% mom

ActionForex
By ActionForex

US durable goods orders rose 1.0% mom to USD 277.4B in October, above expectation of 0.4% mom. New orders were up seven of the last eight months. Ex-transport orders rose 0.5% mom to USD 179.6B, above expectation of 0.1% mom. Ex-defense orders rose 0.8 mom to USD 260.8B. Transportation equipment, up six of the last seven months, rose 2.1% mom to USD 97.8B.

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