- Durable Goods Orders in US fell in February.
- US Dollar Index stays in the positive territory around 92.50.
Durable Goods Orders in the United States declined by 1.1%, or $2.9 billion, in February to $254 billion, the data published by the US Census Bureau showed on Wednesday. This reading followed January’s increase of 3.5% and missed the market expectation of +0.8%.
Additional takeaways
“Excluding transportation, new orders decreased 0.9%.”
“Excluding defense, new orders decreased 0.7%.”
“Transportation, down following five consecutive monthly increases, led the decrease, $1.3 billion, or 1.6%, to $83.6 billion.”
Market reaction
The US Dollar Index showed no immediate reaction to this report and was last seen posting small daily gains at 92.44.
Share
