FOREX TradingCharts.com

Financial News: U.S. Durable Goods Orders Drop Much Less Than

U.S. Durable Goods Orders Drop Much Less Than Expected In January

02/27/2020 - 08:48:00 (RTTNews)

(RTTNews) - Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Thursday showing a modest decrease in U.S. durable goods orders in the month of January.

The Commerce Department said durable goods orders edged down by 0.2 percent in January after spiking by an upwardly revised 2.9 percent in December.

Economists had expected durable goods orders to slump by 1.5 percent compared to the 2.4 percent jump that had been reported for the previous month.

However, excluding the steep drop in orders for transportation equipment, durable goods orders climbed by 0.9 percent in January after a revised 0.1 percent uptick in December.

Ex-transportation orders had been expected to edge up by 0.2 percent compared to the 0.1 percent drop originally reported for the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


China's Inflation Eases In March; PPI Falls For Second Month (45 min(s), 17 sec(s) ago)
(RTTNews) - China's consumer price inflation slowed more-than-expected to a five-month low in ...Full Story»

China Inflation Slows To 4.3% In March (40 min(s), 43 sec(s) ago)
(RTTNews) - Consumer prices in China were up just 4.3 percent on year in March, the National Burea ...Full Story»

Japan Overall Bank Lending Rises 2.0% In March (10 min(s), 43 sec(s) ago)
(RTTNews) - Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan s ...Full Story»

Japan Producer Prices Sink 0.9% In March (55 min(s), 43 sec(s) ago)
(RTTNews) - Producer prices in Japan were down 0.9 percent on month in March, the Bank of Japan sa ...Full Story»

China Inflation Data Due On Friday (55 min(s), 43 sec(s) ago)
(RTTNews) - China will on Friday release March figures for consumer and producer prices, highlight ...Full Story»

Powell Expects 'Robust' Economic Recovery When Coronavirus Is Contained (23 min(s), 43 sec(s) ago)
(RTTNews) - Despite the havoc being wreaked on the world by the coronavirus outbreak, Federal Rese ...Full Story»

NIESR Sees UK GDP Contraction Of 15-25% In Q2 On Covid-19 (21 min(s), 43 sec(s) ago)
(RTTNews) - The UK economy would be plunged into a severe recession in the second quarter if the l ...Full Story»

ECB Minutes: Members Saw Need For Bold, Decisive Action Against Covid-19 Shock (48 min(s), 43 sec(s) ago)
(RTTNews) - ECB policymakers agreed that there was need for decisive action to support the euro ar ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

China's Inflation Eases In March; PPI Falls For Second Month

04/10/2020 - 01:19 AM (RTTNews)
(RTTNews) - China's consumer price inflation slowed more-than-expected to a five-month low in ...Full Story>>

China Inflation Slows To 4.3% In March

04/09/2020 - 21:45 PM (RTTNews)
(RTTNews) - Consumer prices in China were up just 4.3 percent on year in March, the National Burea ...Full Story>>

Japan Overall Bank Lending Rises 2.0% In March

04/09/2020 - 20:15 PM (RTTNews)
(RTTNews) - Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan s ...Full Story>>

Japan Producer Prices Sink 0.9% In March

04/09/2020 - 20:00 PM (RTTNews)
(RTTNews) - Producer prices in Japan were down 0.9 percent on month in March, the Bank of Japan sa ...Full Story>>

China Inflation Data Due On Friday

04/09/2020 - 18:00 PM (RTTNews)
(RTTNews) - China will on Friday release March figures for consumer and producer prices, highlight ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.