Durable Goods Orders Fell 1.0% In June

July 28th, 2010 by Belisarius

Durable good orders fell 1.0% in June vs. +1.0% consensus and -1.1% increase in May. Transportation taken out the figure was a decrease of 0.6% vs. 0.6% rise in May and +0.4% consensus.

Big miss, with no appropriate market reaction.

Chart 1. U.S. Durable Goods Orders

Source: U.S. Census Bureau

Chart 2. U.S. Durable Goods Orders Ex. Transportation

Source: U.S. Census Bureau

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