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?

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

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

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

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

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