Created
: 2024.12.23
2024.12.23 22:44
Durable Goods Orders in the US declined by 1.1%, or $3 billion, in November to $285.1 billion, the US Census Bureau reported on Monday. This reading followed a 0.8% increase reported in October.
"Excluding transportation, new orders decreased 0.1%," the press release read. "Excluding defense, new orders decreased 0.3%. Transportation equipment, also down three of the last four months, led the decrease, $2.9 billion or 2.9% to $95.5 billion."
The US Dollar (USD) preserves its strength following this report. At the time of press, the USD Index was up 0.37% on the day at 108.22.
Created
: 2024.12.23
Last updated
: 2024.12.23
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