Mar 26, 2013
US: Durable Goods Orders beat consensus and rises 5.7% in February, ex-transportation disappoints
FXstreet.com (Barcelona) - US Durable Goods Orders rose 5.7% in February, beating consensus of 3.8%. January data was revised higher from -4.9% to -3.8%. Excluding transportation, durable goods orders dropped -0.5%, disappointing expectations of +0.5%, but saw its January print being revised higher from 2.3% to 2.9%. The ex-transportation print at -0.5% was the first negative one in five months.