1:34 PM · 25 September 2020

BREAKING: U.S. durable goods orders below expectations

The U.S. published its durable goods orders data just a moment ago. Following last month’s solid figures, this time the release came in below expectations. The exact figures were as follows:

Core durable goods orders in August: 0.4% MoM (vs expected: 1.2%)
Durable goods orders in August: 0.4% MoM (vs expected: 1.5%)

Still, one should notice that last month's data was revised even higher - core durable goods orders rose 3.2% in July (revised from 2.6%) while durable goods orders advanced 11.7% (instead of 11.4%).

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