USA: Durable goods orders are falling less than expected

Wednesday, 10/27/2021 2:50 PM from


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The New York Statue of Liberty. New York is the stock exchange metropolis of the United States.

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


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