US: Durable Good Orders (Sep) dropped 1.3%

FXStreet (Edinburgh) - The Commerce Department has informed that orders for US long-lasting goods have contracted 1.3% MoM during September, missing expectations at 0.5% although better from August’s 18.3% drop (revised). Excluding the Transportation sector, orders fell 0.2% vs. forecasts for a 0.5% advance.