The number of durable goods orders in the US increased by 2.9 percent, contrary to the expectation that will decrease in August.
The US Department of Commerce has published data from long -term goods orders for August. Accordingly, the number of orders for durable goods increased by 2.9 % in August to $ 312.1 billion compared to the previous month. The market expectation is 0.3 % of orders for durable goods during this period. After two months, the number of orders for durable goods showed that the recovery in August has decreased by 2.7 % in July. Orders did not include shipping increased by 0.4 percent in August and except for defense. Orders for durable consumer goods containing products with products with at least 3 years of use are very important for providing information about industrial production.
