scorecard
  1. Home
  2. stock market
  3. DURABLE GOODS ORDERS TUMBLE

DURABLE GOODS ORDERS TUMBLE

Sam Ro   

DURABLE GOODS ORDERS TUMBLE

The February report on US durable goods orders was not good.

Orders unexpectedly fell by 1.4% during the month. Economists were expecting a 0.2% increase.

Nondefense capital goods orders excluding aircraft, or core capex, also fell by 1.4%.

Core capex is an indicator of business investment, so this unexpected drop is a worrisome sign.

Refresh this page for updates.

READ MORE ARTICLES ON



Popular Right Now



Advertisement