US durable goods for September 0.4% vs. 0.6% expected

• Prior month -0.2%
• durable goods orders 0.4% vs. 0.6% expected. Prior month was revised to +0.2% from -0.2%
• Ex transportation -0.5% vs 0.2% expected. Prior month 0.2% revised to 0.0%
• Ex defense 1.4% vs -0.3% last month. The prior month was revised from -0.9% to -0.3%
• Nondefense capital ex air -0.7% vs. 0.5% expected. Prior month 1.3% was revised to +0.8%

The numbers are a bit of a mixed bag but leaning a little more to the downside.

• Durable goods came in a little bit stronger than expected when taking the revisions into consideration.
• Ex transportation was much weaker with the revision also lower.
• Ex defense was stronger with the revision also better than previously reported.
• Nondefense capital goods ex air was much weaker however with the revision also lower.

/inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term