US durable goods orders are rising as expected

US durable goods orders are rising as expected
US durable goods orders are rising as expected
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(ABM FN-Dow Jones) New orders for durable goods in the US rose as expected in March. This emerged from figures from the American government on Wednesday.

Orders were 2.6 percent higher last month than a month earlier. Economists had also expected an increase of 2.6 percent.

Without means of transport, including cars, orders were 0.2 percent higher. Excluding defense orders, orders increased by 2.3 percent.

Orders in February rose by 0.7 percent on a monthly basis. Initially a plus of 1.4 percent was reported.

Source: ABM Financial News

ABM Financial News is a supplier of stock market news, video and data, both for real-time trading platforms and dealing rooms and for online and offline media publications. The information in this article is not intended as professional investment advice or as a recommendation to make certain investments.

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