US durable goods orders jump to highest level since 2014

2020-06-25 13:11:31 GMT (Economies.com)
US durable goods orders jump to highest level since 2014

At 12:30 GMT, the US economy released its durable goods orders reading, which rose by 15.8% in April, the best reading since July 2016, higher than forecast of 10.3%, and higher than the previous reading of a drop by 17.7%.

 

The core durable goods orders (excluding transportation items) also rose by 4.4%, better than forecast of 2.1%, and better than the previous reading of a drop by 7.7%. This data is considered positive for the US economy.

 
 
 
  Symbol Last Change Chg.%
1.1246
-0.0031
0.2718%
1.2486
0.0178
1.4462%
Tadawul
7312.24
58.91
0.81%
18.047
0.268
1.507%
40.285
1.510
3.894%
42.80
-0.34
0.79%
1774.730
3.115
0.176%
 
 
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