Durable Goods Orders Released On 3/26/2014 8:30:00 AM For Feb, 2014 Prior Prior Revised Consensus Consensus Range Actual New Orders - M/M change -1.0 % -1.3 % 1.0 % -1.5 % to 2.5 % 2.2 % Ex-transportation - M/M 1.1 % 0.9 % 0.3 % -1.7 % to 1.5 % 0.2 % Highlights The latest durables orders report was mix with the headline strong and the core slowing. New factory orders for durables in February rebounded 2.2 percent, following a decrease of 1.3 percent in January. Analysts projected a 1.0 percent rise. Excluding transportation, durables orders slowed to a 0.2 percent rise in February, following a 0.9 percent boost the prior month.
The transportation component jumped a monthly 6.9 percent after dropping 6.2 percent the month before. Within transportation, the gain was led by increases in orders for defense aircraft although nondefense aircraft and motor vehicles also were strong.
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