U.S. Durable Goods Report 25 February 2010
A negative surprise if we take airplanes out; Durable goods orders rose 3% vs. 1.5% consensus and 0.3% prior reading; Durable goods orders excluding transportation fell -0.6% vs. 0.9% growth in December.
Chart 1. Durable Goods Orders
Source: U.S. Census Bureau
Chart 2. Durable Goods Orders Excluding Transportation
Source: U.S. Census Bureau
