Mediocre Durable Goods Orders Send Dollar Down
February 27, 2017 at 09:44 AM EST
Headline durable goods orders rose by 1.8% in January, better than 1.6% expected, but the rest looks much worse. Core orders dropped by 0.2% against a projected rise of 0.5%. The upwards revision for December, from 0.5% to 0.9%, was unhelpful.
