Home Business US: durable goods orders -0.5% in October, worse than expected. But capital goods surprise on the upside

US: durable goods orders -0.5% in October, worse than expected. But capital goods surprise on the upside

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In October, US durable goods orders fell by 0.5%, after falling by -0.3% in September. The figure did worse than analysts’ expectations, who had predicted a 0.2% increase.

Excluding the transport component, the trend was in line with forecasts, up by 0.5%, and as in the previous month.

Excluding the defense and aircraft components, therefore considering capital goods, the growth was equal to + 0.6%, more than the + 0.5% estimated, although slowing compared to + 0.8% in September.

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