FXstreet.com (Barcelona) - New orders for durable goods declined by 0.4% in October to $214.5 billion dollar, following the 1.4% decrease registered in September, according to the latest data by U.S. Census Bureau.
Excluding transportation, new orders declined by 0.7% in October following the 1.1% increase registered the previous month. Market expectations were a 0.1% drop in durable goods orders, while excluding transportation the consensus pointed to a 0.4% increase in the month.
September's data was revised in both indexes, durable goods orders were initially estimated to have fallen by 1.7%, while excluding transportation the original post was a 0.3% increase. Excluding defense, orders declined by 0.9% in October.