HomeLive CommentsUS durable goods orders dropped -1.1% in Feb, ex-transport orders down -0.9%

US durable goods orders dropped -1.1% in Feb, ex-transport orders down -0.9%

ActionForex
By ActionForex

US durable goods orders dropped -1.1% mom to USD 254.0B in February, much worse than expectation of 1.0% mom rise. That’s also the first decrease following nine months of growth. Ex-transport orders dropped -0.9% mom, versus expectation of 0.5% mom. Ex-defense orders dropped -0.8% mom. Transportation equipment, down following month months of increase, dropped -1.6% mom.

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