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.
No comments:
Post a Comment