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 decrease in durable goods orders reported?

What was the market reaction to the reported decline in durable goods orders?

How did the durable goods orders in the previous month compare to the current month?

What specific sectors showed a decline in demand according to the report?

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