Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  October 04, 2010 16:29:54

U.S. - capital goods in August, better than expected


Capital goods orders for August in the U.S. as a whole showed a decline of 0.5% compared with a decrease of 0.4% expected in the market estimates range from +1 to -0.3%.

Excluding military orders, and orders excluding aircraft rose by 5.1%, which exceeded initial estimates by the growth rate of 4.1%. This indicator is taken as a measure of corporate investment.

Deliveries of goods covered in the calculation of GDP grew by 1.7%.

Break down long-term consumption by older messages as a whole declined in August by 1.5%.
Durable goods orders, which include food, fuel and chemicals, rose by 0.3%.

Business inventories in August rose by 0.1% compared to strengthen by 0.9% in July. The amount of stocks, the businesses currently ends meet at 1.27 months.
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