WoW, Durable Goods number far exceed expectation
New orders for manufactured durable goods in the US unexpectedly increased $2.7 billion or 0.9% month-over-month to $289.3 billion in February 2025, following an upwardly revised 3.3% jump in January and beating forecasts of a 1% fall. Transportation equipment led the increase, up by $1.4 billion or 1.5%, namely orders for motor vehicles and parts (4%) and defense aircraft and parts (9.3%)