» Durable Goods: Good Underlying Strength Decision Economics

Durable Goods: Good Underlying Strength

Posted March 26, 2014 by rvillareal

February durable goods orders rise a more-than-expected 2.2% (Consensus: +0.7%; Decision Economics: +0.5%), in a pattern emphasizing consumer goods and intermediate goods.  Though not as encouraging as it might otherwise be, the report still bespeaks solid upward momentum.[private]US_14-0326_E1[/private]