Monday 27 July 2015

A growth of 3.4% in orders of durable goods in USА

Durable goods orders in the US rose by 3.4% in June . This is above the forecasts of analysts who predicted an increase of 3.2 per cent against the drop of 2.1 percent in May. 
The stronger than expected result was supported by a bustling interest in passenger planes - a category known for its volatility.

Excluding transportation, durable goods orders were up by the remarkable in August 2014 0.8% versus the zero change from the previous period and with forecasts for growth of 0.4 %.

The increase in orders of basic capital goods is amounted to 0.9% against the expected 0.4 % and after the  decline of 0.4% in May. This indicator will be closely monitored by the markets as a sign of business investment in the private sector.

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