View full page at forexfactory.com

 

Orders for US durable goods expected to decline slightly in July

From foxbusiness.com

The Commerce Department releases its July report on durable goods. The report will be issued at 8:30 a.m. EDT Wednesday. ORDERS DOWN: The expectation is that orders fell 0.4 percent in July, according to a survey of economists by data firm FactSet. AIRCRAFT BOOST: Orders were up 3.4 percent in June, reflecting a surge in demand for commercial airplanes, an extremely volatile category. Excluding the volatile transportation sector, economists are looking for a modest 0.4 percent gain in orders for durable goods, defined as products expected to last three years or more. That would follow a 0.6 percent rise in orders ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News