US durable goods orders lost momentum in August, with headline orders slowing from +0.9% to virtually unchanged, leaving the total at $338.6bn. The weakness was concentrated in transportation equipment, where orders fell -0.6%, including a -4.3% decline in nondefense aircraft and -0.6% in motor vehicles and parts. Excluding transportation, orders still rose +0.3%, while orders […]The post US Durable Goods Stall on Transport, but Core Capex Orders Accelerate appeared first on ActionForex.