US Durable Goods Orders MoM (Jan) M/M -1.4% vs. Exp. 0.8% (Prev. -1.4%, Low. -4.0%, High. 3.0%)

US Durable Goods Orders MoM (Jan) M/M -1.4% vs. Exp. 0.8% (Prev. -1.4%, Low. -4.0%, High. 3.0%)

January's durable goods orders dropped significantly, coming in at -1.4% versus expectations of a positive 0.8%. This miss suggests continued weakness in manufacturing and may raise concerns about the broader economic outlook, potentially influencing future Fed policy decisions as they assess the growth-inflation mix.