ForexLive Breaking News

US March prelim durable goods orders -14.4% vs -12.0% expected

US March prelim durable goods orders -14.4% vs -12.0% expected

March durable goods orders from the US Census Bureau
Details:
Transportation was a major drag here but the internal numbers were much stronger than feared. These will be revised in the factor orders report but if they hold up, it means that Q1 GDP won’t be as weak as feared. Ultimately that probably just means Q2 will

Source: Forexlive RSS Breaking news feed
Date: April 24, 2020, 23:08