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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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