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U.S Durable Goods Orders Higher Than Expected

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US, Durable goods orders for March.

  • Durable Goods Orders: Actual: 3.2% m/m. Expected: 0.8% m/m. Previous: -1.0% m/m
  • Durable Goods Orders Ex-Transport: Actual: 0.3% m/m. Expected: -0.2% m/m. Previous: -0.1% m/m
  • Internationa Trade in Goods: Actual: -84.6 bn. Expected: -90.1 bm. Previous: -91.6 bn

A higher than expected reading should be considered a sign of a strong US economy.

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