US durable goods orders fall to 6-year low

2020-05-28 13:22:05 GMT (Economies.com)
US durable goods orders fall to 6-year low

At 12:30 GMT, the US economy released its durable goods orders reading, which fell by 17.7% in April, the lowest since August 2014, slightly higher than forecast of a drop by 19%, and worse than the previous reading of 14.7%.

 

The core durable goods orders (excluding transportation items) fell by 7.4%, better than forecast of a drop by 14.8%, but worse than the previous reading of a drop by 0.4% after it was revised from 0.2%.

 
 
 
  Symbol Last Change Chg.%
1.1315
-0.0016
0.1408%
1.2646
0.0139
1.1142%
Tadawul
7416.67
22.41
0.30%
18.678
0.332
1.807%
40.125
-0.110
0.273%
42.82
0.48
1.13%
1800.545
14.560
0.815%
 
 
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