FX.co ★ US Durable Goods Orders Decrease by 6.1% in January 2024

The latest data on durable goods orders in the United States for January 2024 has shown a significant decline of 6.1% compared to the previous month of December 2023 when the indicator stood at 0%. This data was updated on 27 February 2024, revealing the Month-over-Month comparison. Durable goods orders are a key indicator of economic performance and consumer confidence, with this decrease pointing towards potential challenges in the manufacturing sector. It will be essential to monitor future data to assess whether this trend continues or if there are signs of improvement in the coming months.