US Durable Goods Orders Rise 1.8%, but Aircraft Drive Much of the Strength

Wait 5 sec.

US durable goods orders rose 1.8% m/m in September, accelerating from August’s upwardly revised 0.1% increase and exceeding market expectations of 1.6%. Total new orders climbed $6.3B to $345.4B, marking the sixth increase in seven months. However, the headline strength was heavily concentrated in transportation equipment, where orders surged 4.6%, accounting for $5.2B of the […]The post US Durable Goods Orders Rise 1.8%, but Aircraft Drive Much of the Strength appeared first on ActionForex.