US: Durable Good Orders rose 0.1% MoM in August

FXstreet.com (Edinburgh) - The Commerce Department has informed that orders for US long-lasting goods have increased 0.1% MoM during August, missing expectations at 0.2%, and up from July’s 8.1% contraction (revised). If we strip the Transportation sector, orders fell 0.1%, missing estimates at 1.0% although better than the previous -0.5% (revised).