Trade n Trend

Home » US Data » U.S. durable goods orders jump

U.S. durable goods orders jump

The U.S. Commerce Department said that total durable goods orders, which include transportation items, rose by a seasonally adjusted 4.9% last month, blowing past forecasts for a rise of 2.5%. Orders for durable goods in December fell 4.6%, whose figure was revised from a previously reported decline of 5.0%, The Commerce Department is set to issue its second estimate of fourth-quarter GDP on Friday.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: