US October durable goods orders -4.4% vs -2.6% expected

Author: Adam Button | Category: News

October durable goods orders


  • Prior was +0.7% (revised to -0.1%)
  • Ex transportation +0.1% vs +0.4% expected
  • Capital goods orders non-defense ex-air 0.0% vs +0.2% expected
  • Prior capital goods orders non-defense ex-air -0.1% (revised to -0.5%)
  • Capital goods shipments non-defense ex-air +0.3%  vs  +0.3% expected
  • Prior capital goods shipments non-defense ex-air -0.1% (revised to -0.2%)
That's a poor reading, pretty much across the board and the revisions are weak. That will get the Fed's attention.
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