Orders for U.S. durable goods unexpectedly showed a notable decrease in the month of February, according to a report released by the Commerce Department on Thursday, with the decrease due in large part to a steep drop in orders for machinery.
The report showed that durable goods orders fell by 0.9 percent in February following an upwardly revised 3.6 percent increase in January. Economists had expected orders to increase by 1.5 percent compared to the 3.2 percent increase that had been reported for the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.