Investing.com – U.S. core durable goods orders rose less-than-expected in March, official data showed on Wednesday.
In a report, the U.S. Census Bureau said core durable goods orders rose by a seasonally adjusted 1.3% in March, after rising by 0.6% in February, whose figure was revised up from a decline of -0.6%.
Analysts had expected core durable goods orders to rise by 1.6% in Marchy.
The report showed that durable goods orders, which include transportation items, rose more-than-expected in March, climbing by a seasonally adjusted 2.5%, after rising by 0.7% in February, whose figure was revised up from a decline of -0.9%.
Analysts had expected durable goods orders to rise by 1.9% in March.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.14% to hit 1.4665.
Meanwhile, the outlook for U.S. equity markets was upbeat. The Dow Jones Industrial Average futures indicated a gain of 0.2%, S&P 500 futures pointed to a rise of 0.3%, while the Nasdaq 100 futures climbed 0.55%.
In a report, the U.S. Census Bureau said core durable goods orders rose by a seasonally adjusted 1.3% in March, after rising by 0.6% in February, whose figure was revised up from a decline of -0.6%.
Analysts had expected core durable goods orders to rise by 1.6% in Marchy.
The report showed that durable goods orders, which include transportation items, rose more-than-expected in March, climbing by a seasonally adjusted 2.5%, after rising by 0.7% in February, whose figure was revised up from a decline of -0.9%.
Analysts had expected durable goods orders to rise by 1.9% in March.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.14% to hit 1.4665.
Meanwhile, the outlook for U.S. equity markets was upbeat. The Dow Jones Industrial Average futures indicated a gain of 0.2%, S&P 500 futures pointed to a rise of 0.3%, while the Nasdaq 100 futures climbed 0.55%.