RSS US durable goods orders slump -1.1% mom, transportation sector leads decline

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 RSS US durable goods orders slump -1.1% mom, transportation sector leads decline

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US durable goods orders dropped -1.1% mom in November to USD 285.1B, significantly missing market expectations of a -0.3% mom decline. This also marks the third decline in the last four months. Excluding transportation, orders edged down -0.1% mom to USD 189.6B, while orders excluding defense fell -0.3% mom to USD 267.4B. The transportation equipment […]

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