U.S. Durable Goods New Orders Fell 0.9% In February
(For February 2011)
Durable goods new orders fell 0.9% in February vs. 1.2% consensus and 3.6% revised rise in January (revised upwards from +2.7%).
Transportation taken out the figure was a decrease of 0.6% vs. 3.0% fall in January (revised upwards from -3.6%). The consensus was at 2.0%.
Again big revision, but nevertheless this doesn’t look impressive…