USA: Durable goods orders are falling less than expected
The New York Statue of Liberty. New York is the stock exchange metropolis of the United States. pexels.com
WASHINGTON (dpa-AFX) – In the US, orders for durable goods fell less than expected in September. The US Department of Commerce announced on Wednesday in Washington that orders were down 0.4 percent compared to the previous month. Analysts had expected a decline of 1.1 percent.
However, at a revised 1.3 percent, the increase in August was lower than initially determined. An increase of 1.8 percent had previously been reported. Durable goods are mostly expensive industrially manufactured goods such as machines.
Excluding the transport sector, which includes aircraft, orders rose by 0.4 percent on a monthly basis, as expected.
Orders for civilian capital goods excluding aircraft rose 0.8 percent. This number is an indicator of the propensity of companies to invest./jsl/jkr/mis
Subscribe to more news on SolarEdge Technologies stock for free
ARIVA.DE publishes analyzes, columns and news from various sources in this section. ARIVA.DE AG is not responsible for content that is recognizably posted by third parties in the “News” area of this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.
Other users were also interested in this article: