Durable Goods Orders Fall More Than Expected In February

Advisor Perspectives Charts6.62K FollowersFollow5ShareSavePlay(6min)CommentsSummaryNew orders for manufactured durable goods fell 1.4% in February to $315.50B, more than the projected 1.1% monthly decline.If we exclude transportation, "core" durable goods were up 0.8% from the previous month and up 6.0% compared to one year ago.This month, core capex was up 0.6% month-over-month and up 5.1% year-over-year. Devrimb/iStock via Getty Images By Jennifer Nash New orders for manufactured durable goods fell 1.4% in February to $315.50B, more than the projected 1.1% monthly decline. Compared to a year ago, new orders are up 7.3%. New orders forThis article was written byAdvisor Perspectives Charts6.62K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.