US Durable Goods Orders ex Defense MoM (Dec) M/M -2.5% (Prev. 6.6%)
Newsquawk Staff ·
US Durable Goods Orders ex Defense MoM (Dec) M/M -2.5% (Prev. 6.6%)
What it means
The significant drop in US durable goods orders ex-defense for December, falling by 2.5% from a prior gain of 6.6%, indicates a potential weakening in demand which contradicts recent positive trends. This decline could prompt concerns regarding the growth outlook and may influence market expectations for future monetary policy adjustments, particularly in relation to interest rates.
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- US Durable Goods Orders Ex Transp (Sep MM) 0.5% vs. Exp. 0.6% (Prev. 0.3%)
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