US durable goods fall -2.8% mom, but core orders show resilience

Wait 5 sec.

U.S. durable goods orders fell -2.8% mom to USD 302.8B in July, marking the third decline in four months but performing better than forecasts of -4.0% mom. Transportation equipment, also down in three of the past four months, was the main drag, plunging -9.7% mom to USD 101.7B. Ex-defense orders also slipped -2.5% to USD […]The post US durable goods fall -2.8% mom, but core orders show resilience appeared first on Action Forex.