US Durable Goods Orders MoM (Dec) M/M -1.4% vs. Exp. -2% (Prev. 5.3%, Low. -5%, High. 1%)
Newsquawk Staff ·
US Durable Goods Orders MoM (Dec) M/M -1.4% vs. Exp. -2% (Prev. 5.3%, Low. -5%, High. 1%)
What it means
The December Durable Goods Orders fell 1.4% month-over-month, which is better than the expected decline of 2%. This suggests a potential stabilization in manufacturing demand after the previous month's strong increase, though the overall negative trend remains a concern. The data could influence perspectives on consumer spending and investment, potentially affecting monetary policy considerations moving forward.
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- US Goods Trade Balance Advance (Sep) -134.90B vs. Exp. -130B (Prev. -132.07B)
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