US durable goods orders fell -6.1% mom to USD 276.7B in January, worse than expectation of -4.4% mom. Ex-transport orders fell -0.3% mom to USD 186.9B, below expectation of 0.3% mom rise. Ex-defense orders fell -7.3% mom to USD 260.2B. Transportation equipment orders were down -16.2% mom to USD 89.8B, down three of the last four months, led the overall decline.
Full US durable goods orders release here.
