Investing.com – U.S. core durable goods orders fell unexpectedly in September, official data showed on Wednesday.
In a report, the U.S. Census Bureau said core durable goods orders fell by a seasonally adjusted 0.8% in September, after rising by 1.9% in August, whose figure was revised down from 2.0%.
Analysts had expected core durable goods orders to rise by 0.2% in September.
The report also showed that durable goods orders, which include transportation items, rose significantly more-than-expected in September.
Durable goods orders rose by a seasonally adjusted 3.3% in September, after falling 1.0% in August, whose figure was revised down from -1.3%. Analysts had expected durable goods orders to rise by 1.7% in September.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD falling 0.34% to hit 1.3811.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a drop of 0.37%, S&P 500 futures pointed to a decrease of 0.52% and Nasdaq 100 futures were down 0.32%.
In a report, the U.S. Census Bureau said core durable goods orders fell by a seasonally adjusted 0.8% in September, after rising by 1.9% in August, whose figure was revised down from 2.0%.
Analysts had expected core durable goods orders to rise by 0.2% in September.
The report also showed that durable goods orders, which include transportation items, rose significantly more-than-expected in September.
Durable goods orders rose by a seasonally adjusted 3.3% in September, after falling 1.0% in August, whose figure was revised down from -1.3%. Analysts had expected durable goods orders to rise by 1.7% in September.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD falling 0.34% to hit 1.3811.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a drop of 0.37%, S&P 500 futures pointed to a decrease of 0.52% and Nasdaq 100 futures were down 0.32%.