Menu
Sister Sites

  • US: Durable Goods Orders decline by 0.2% in August vs. -0.4% expected

    From fxstreet.com

    Durable Goods Orders in the US declined by 0.2%, or by $0.6 billion, on a monthly basis in August to $272.7 billion, the monthly data published by the US Census Bureau revealed on Tuesday. This reading came in better than the market expectation for a decrease of 0.4%. "Excluding transportation, new orders increased 0.2%," the publication read. "Excluding defense, new orders decreased 0.9%. Transportation equipment, also down two consecutive months, drove the decrease, $1.0 billion or 1.1% to $92.0 billion." The US Dollar Index showed no immediate reaction to these figures and was last seen losing 0.4% on the day at ... (full story)

"Excluding defense, new orders decreased 0.9%''. Without the war spend, the US economy is tanking hard. Need more rate hikes, Mr Powell. LOL.
Quoting bogdan11
"Excluding defense, new orders decreased 0.9%''. Without the war spend, the US economy is tanking hard. Need more rate hikes, Mr Powell. LOL.
lols
It makes no material difference to me but I'm just curious. Has anyone got any idea as to why "The Market" expected a figure of (-0.4%) but FF shows (+0.2%) as the expected figure?
Quoting DaJoWaBa
It makes no material difference to me but I'm just curious. Has anyone got any idea as to why "The Market" expected a figure of (-0.4%) but FF shows (+0.2%) as the expected figure?
FF is showing Core which excludes aircrafts. The core was up 0.2%. The total durable is what declined.
Quoting DaJoWaBa
It makes no material difference to me but I'm just curious. Has anyone got any idea as to why "The Market" expected a figure of (-0.4%) but FF shows (+0.2%) as the expected figure?
Great point; maybe a technical error? Although I've seen this happen many times before on FF
Quoting jblanked
{quote} Great point; maybe a technical error? Although I've seen this happen many times before on FF
Yes, very often there is a difference. An occasional 0.1% differential can be overlooked but a 0.6% differential is significant enough to wonder what source FF is using.
Quoting DaJoWaBa
{quote} Yes, very often there is a difference. An occasional 0.1% differential can be overlooked but a 0.6% differential is significant enough to wonder what source FF is using.
I 100% agree with you
  • New Comment
  •  Guest
  • | IP XX.XXX.239.1
Join MM
    • Older Stories  
    German officials reportedly believe the crucial Nord Stream natural-gas pipelines connecting Russia...

    From businessinsider.com|Sep 27, 2022

    German officials reportedly believe the crucial Nord Stream natural-gas pipelines connecting Russia to Europe, which have sustained severe damage, were the subject of an attack. ...

    Powell, Lagarde: Opportunities and challenges of the tokenisation of finance

    From youtube.com/banquedefrance|Sep 27, 2022

    Which role for Central Banks ? This international conference will involve an open and interactive discussion on the new and disruptive ecosystems that are rapidly emerging in the ...

    Gas leaks from Nord Stream pipelines will continue for days - Danish energy authority

    From @runews|Sep 27, 2022

    tweet at 7:27am: ?GAS LEAKS FROM NORD STREAM PIPELINES WILL CONTINUE FOR DAYS - DANISH ENERGY AUTHORITY tweet at 7:28am: DANISH ENERGY AUTHORITY: GAS LEAK CREATING ROUGH SEAS, THERE IS SIGNIFICANT SECURITY RISK IN APPROACHING THE AREA -BERLINGSKE - Reuters via https://t.co/ymHY6x3NYD tweet at 7:29am: DANISH ENERGY AUTHORITY: WE CAN SEE THAT A LOT OF GAS IS COMING OUT, SO IT IS NOT A SMALL CRACK, IT'S A REALLY BIG HOLE -BERLINGSKE - Reuters via https://t.co/ymHY6xloQb https://t.co/6Qru8oF1sI tweet at 7:32am: DANISH ENERGY AUTHORITY: WE CAN SEE THAT A LOT OF GAS IS COMING OUT, SO IT IS NOT A SMALL CRACK, IT'S A REALLY BIG HOLE || NORD STREAM LEAKS CAN BE A DELIBERATE ACT, BUT IT CAN ALSO BE SOMETHING ELSE, IT'S JUST EXTREMELY RARE THAT SOMETHING LIKE THIS HAPPENS -BERLINGSKE tweet at 7:56am: DANISH ENERGY AUTHORITY CHIEF: GAS BUBBLES FROM NORD STREAM 2 LEAK REACHING SURFACE OF THE OCEAN IN AREA MEASURING MORE THAN 100 METRES IN DIAMETER

  • Story Stats

  • Related Stories