US Durable Goods Orders decline by 6.3% in April vs. -7.9% expected
The post US Durable Goods Orders decline by 6.3% in April vs. -7.9% expected appeared on BitcoinEthereumNews.com.
Durable Goods Orders in the US declined less than expected in April. The US Dollar Index stays in positive territory above 99.00. Durable Goods Orders in the United States (US) declined by 6.3%, or $19.9 billion, in April to $296.3 billion, the US Census Bureau reported on Tuesday. This reading followed a 7.6% increase (revised from 9.2%) reported in March and came in slightly better than the market expectation for a decrease of 7.9%. “Excluding transportation, new orders increased 0.2%,” the press release read. “Excluding defense, new orders decreased 7.5%. Transportation equipment, also down following four consecutive monthly increases, drove the decrease, $20.3 billion, or 17.1% to $98.8 billion.” Market reaction The US Dollar Index holds its ground following this data and was last seen rising 0.37% on the day at 99.30. Source: https://www.fxstreet.com/news/us-durable-goods-orders-decline-by-63-in-april-vs-79-expected-202505271238
Filed under: News - @ May 27, 2025 5:23 pm