US Durable Goods Orders decline 0.8% in September vs. -1% expected
Source Fxstreet
- Durable Goods Orders in the US declined in September.
- US Dollar Index stays in daily range near 104.00 after the data.
Durable Goods Orders in the US decreased $2.2 billion, or 0.8%, to $284.8 billion in September, the US Census Bureau reported on Friday. This reading followed the 0.8% decrease (revised from 0%) recorded in August and came in slightly better than the market expectation for a decline of 1%.
"Excluding transportation, new orders increased 0.4%," the publication read. "Excluding defense, new orders decreased 1.1%. Transportation equipment, also down three of the last four months, drove the decrease, $3.1 billion or 3.1% to $95.4 billion."
Market reaction
The US Dollar Index showed no immediate reaction to these figures and was last seen trading virtually unchanged on the day near 104.00.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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