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Durable Goods Orders Sink 2.2% In The Previous Month

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    On Friday the US Durable and Core Durable Goods Orders were released, both failing to meet expectations. The Durable Goods Orders dropped 2.2% in May, while the forecast stood at a 0.5% decline. At the same time, the April's reading was revised down from 3.4% to 3.3%, contributing to the[​IMG]

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