US October preliminary durable goods orders +0.6% vs -0.9% expected

Author: Justin Low | Category: News

Latest data released by the Census Bureau - 27 November 2019


  • Prior -1.2%; revised to -1.4%
  • Durables ex transport +0.6% vs +0.1% expected
  • Prior -0.4%
  • Capital goods orders non-defense ex air +1.2% vs -0.2% expected
  • Prior -0.6%; revised to -0.5%
  • Capital goods shipments non-defense ex air +0.8% vs -0.2% expected
  • Prior -0.7%; revised to -0.8%
ForexLive
This is a solid report overall with non-defense ex air orders rebounding strongly after a bit of a poor reading back in September. Of course, this feeds into the overall Q3 report released at the same time and we're seeing a slight revision higher there as well.

But if anything else, it indicates that the US manufacturing sector isn't really softening as rapidly as many would think despite trade concerns.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose