简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Core Durable Goods Orders Rise For 7th Straight Month
Abstract:While admittedly extremely lagging, the preliminary OCTOBER durable goods orders print was a big dis
While admittedly extremely lagging, the preliminary OCTOBER durable goods orders print was a big disappointment after a rebound in the summer with the headline falling 2.2% MoM (far worse than the 1.5% MoM decline expected). However, while this disappointment dragged down the YoY growth to 4.7%, it was still well above inflation...

Core Orders (ex Transports) rose 0.2% MoM (notably slower than the 0.7% MoM in September and below the +0.3% MoM expected)...

That was the 7th straight monthly gain and lifted core durable goods orders up 3.57% YoY, near the highest since Nov 2022.
Finally, core capex remains solid with new orders ex-air up 0.5% (4th straight monthly gain) and shipments continue to significantly stronger than expected.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
