U.S. Durable Goods Orders Fell 3.3% In October
(For October 2010)
Durable good orders fell 3.3% in October vs. 0.1% consensus and 5.0% increase in September (revised upwards from 3.3%).
Chart 1. U.S. Durable Goods Orders
Transportation taken out the figure was a decrease of 2.7% vs. 1.3% rise in September (revised upwards from -0.8%). The consensus was at +0.6%.
Chart 2. U.S. Durable Goods Orders Ex. Transportation
This is the most negative data point today.