Ekonomické zprávy

U.S. durable goods orders decrease more than forecast in January

The U.S. Commerce Department reported on Monday that the durable goods orders plunged 4.5 percent m-o-m in January 2023, following a downwardly revised 5.1 percent m-o-m jump (from +5.6 percent m-o-m) in December 2022. That marked the steepest monthly decline in durable goods orders since April 2021 (-18.1 percent).

Economists had predicted a 4.0 percent m-o-m drop.

According to the report, the January tumble was primarily due to a 13.3 percent m-o-m plummet in orders for transportation equipment.

Meanwhile, orders for durable goods excluding transportation rose 0.7 percent m-o-m in January, following a downwardly revised 0.4 percent m-o-m fall (from -0.1 percent m-o-m) in the previous month, exceeding economists’ estimate of a flat m-o-m performance.

Elsewhere, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, went up 0.8 percent m-o-m last month after a downwardly revised 0.3 percent m-o-m fall (from -0.2 percent m-o-m) in December. Economists had called for a 0.1 percent m-o-m uptick in core capital goods orders in January.

On a y-o-y basis, durable goods orders increased 3.0 percent, while orders, excluding transportation, rose 2.6 percent.

Podívejte se také