US Durable Goods Orders Ex Transp MoM (Dec) M/M 0.9% vs. Exp. 0.3% (Prev. 0.4%, Rev. From 0.5%, Low. 0.2%, High. 0.5%)
Newsquawk Staff ·
US Durable Goods Orders Ex Transp MoM (Dec) M/M 0.9% vs. Exp. 0.3% (Prev. 0.4%, Rev. From 0.5%, Low. 0.2%, High. 0.5%)
What it means
US Durable Goods Orders ex-transportation for December showed a strong month-on-month increase of 0.9%, significantly beating expectations of 0.3%. This suggests robust underlying demand and may indicate upward momentum in the manufacturing sector, potentially influencing the outlook for future monetary policy and growth expectations.
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