Investing.com – U.S. core durable goods orders rose less-than-expected in December, official data showed on Thursday.
In a report, the U.S. Census Bureau said core durable goods orders rose by a seasonally adjusted 0.5% in December, after rising by 4.5% in November, whose figure was revised up from 2.4%.
Analysts had expected core durable goods orders to rise by 0.6% in December.
The report also showed that durable goods orders, which include transportation items, tumbled unexpectedly in December, dropping by a seasonally adjusted 2.5%, after falling by 0.1% in November, whose figure was revised from a decline of 1.3%.
Analysts had expected durable goods orders to rise by 1.5% in December.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD rising 0.11% to hit 1.3729.
Meanwhile, the outlook for U.S. equity markets was mixed: Dow Jones Industrial Average futures indicated a drop of 0.03%, S&P 500 futures pointed to a loss of 0.13%, while the Nasdaq 100 futures were up 0.04%.
In a report, the U.S. Census Bureau said core durable goods orders rose by a seasonally adjusted 0.5% in December, after rising by 4.5% in November, whose figure was revised up from 2.4%.
Analysts had expected core durable goods orders to rise by 0.6% in December.
The report also showed that durable goods orders, which include transportation items, tumbled unexpectedly in December, dropping by a seasonally adjusted 2.5%, after falling by 0.1% in November, whose figure was revised from a decline of 1.3%.
Analysts had expected durable goods orders to rise by 1.5% in December.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD rising 0.11% to hit 1.3729.
Meanwhile, the outlook for U.S. equity markets was mixed: Dow Jones Industrial Average futures indicated a drop of 0.03%, S&P 500 futures pointed to a loss of 0.13%, while the Nasdaq 100 futures were up 0.04%.