Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  August 24, 2012 15:26:16

U.S. - orders of durable goods in July rose well above market expectations


Durable goods orders in the U.S. in July rose by 4.2%, driven by high growth high interest (+54%) for civilian transport aircraft. The market expected an average growth of only 2.5% in the overall estimates range from -2.5 to +7%.

Non-military goods orders excluding aircraft, which are considered an indicator of the development of corporate capital investment, fell in July by 3.4%. This decline is mainly due to decline in demand for machinery (-3.6%) and communications equipment (-4%). Revision of the June data for this indicator has deepened previously announced decrease of 1.7 down to -2.7%.

Interest airliners in July grew by 54% already mentioned, in June it was up 33%. Boeing acquired in July 260 new orders.

Orders cars in July grew by 13%.
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