Durable Goods Orders in U.S. Decrease for 2nd Month

The video discusses a 1.3% decline in durable goods orders, which was worse than economists' expectations. Excluding transportation, orders fell by 0.2%. This marks the second consecutive month of decline, with significant drops in machinery and computer demand. The market reacted with lower futures and yields, and a decrease in the dollar index. The video emphasizes the importance of monitoring these economic indicators.

What was the percentage decline in durable goods orders, excluding transportation?

• 2.0%

• 0.5%

• 0.2%

• 1.3%

Which sectors experienced a slump in demand according to the second section?

• Pharmaceuticals and chemicals

• Food and beverages

• Machinery and computers

• Automobiles and textiles

What was the economists' expectation for the change in durable goods orders?

• A decrease of 1.3%

• An increase of 0.5%

• A decrease of 0.5%

• An increase of 1.3%

How did the market react to the decline in durable goods orders?

• Futures increased significantly

• Yields on the ten-year and two-year bonds rose

• The dollar index gained value

• Futures pared their gains and yields came down

What was the performance of the dollar index after the decline in durable goods orders?

• It increased to 85.2

• It decreased to 85.2

• It remained unchanged

• It increased to 90