Durable Goods Orders Increased Less Than Expected

Preliminary Durable Goods Orders for February came in below expectations on the headline, though several components showed improvements beneath the surface. The release is preliminary and final figures are due in roughly two weeks, so initial market reactions should be muted until the full data are published.

Analysis

Preliminary Durable Goods Orders for February came in below expectations on the headline, though several components showed improvements beneath the surface. The release is preliminary and final figures are due in roughly two weeks, so initial market reactions should be muted until the full data are published.