US durable goods orders rose 1.2% mom to US D249.4B in February, much better than expectation of -0.9% decline. However, ex-transport orders dropped -0.6%, below expectation of -0.2%. Ex-defense orders rose 0.1%.
US durable goods orders rose 1.2% mom to US D249.4B in February, much better than expectation of -0.9% decline. However, ex-transport orders dropped -0.6%, below expectation of -0.2%. Ex-defense orders rose 0.1%.