Durable Goods Orders Fell 1.0% In June

Durable good orders fell 1.0% in June vs. +1.0% consensus and -1.1% increase in May. Transportation taken out the figure was a decrease of 0.6% vs. 0.6% rise in May and +0.4% consensus.

Big miss, with no appropriate market reaction.

Chart 1. U.S. Durable Goods Orders

Source: U.S. Census Bureau

Chart 2. U.S. Durable Goods Orders Ex. Transportation

Source: U.S. Census Bureau

This entry was posted on Wednesday, July 28th, 2010 at 8:13 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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