*SCALPSWINGSTRADDLE*

[Zephyr]

Durable Goods Orders
Released On 2/26/2015 8:30:00 AM For Jan, 2015
Prior Prior Revised Consensus Consensus Range Actual
New Orders - M/M change -3.4 % -3.7 % 2.0 % -2.1 % to 4.0 % 2.8 %
Ex-transportation - M/M -0.8 % -0.9 % 0.7 % -0.5 % to 1.1 % 0.3 %
Highlights
Durables orders rebounded 2.8 percent in January after dropping 3.7 percent in December. Market expectations were for a 2.0 percent rebound.

Excluding transportation, the core edge up 0.3 percent after slipping 0.9 percent in December. The median market forecast called for a 0.7 percent gain in January. Transportation rebounded 9.1 percent, following a monthly plunge of 10.1 percent the prior month.



Monthly fluctuations in durable goods orders are frequent and large and skew the underlying trend in the data. In fact, even the yearly change must be viewed carefully because of the volatility in this series.
Data Source: Haver Analytics