U.S. Durable Goods Orders Show Notable Pullback In April

Excluding the steep drop in orders for transportation equipment, durable goods orders were unchanged in April following a revised 0.5 percent drop in March.

After reporting a sharp pullback in U.S. consumer confidence in the previous month, the. U.S. Durable Goods Orders Show Substantial Rebound In June. After reporting a notable increase in U.S. existing home sales in the previous month,

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Year-over year growth in real GDP, real gross domestic income, durable goods orders. Notably, the net debt of U.S. corporations, as a fraction of corporate gross-value added, is presently about 2.5.

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Unlike the major U.S. indices, EEM broke its Feb. 9th intraday low. similar to the reading of 29 in May, and higher than the April read of 26. Durable Goods down 0.6% versus an expected 1% decline.

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U.S. Durable Goods Orders Show Notable Pullback In April Posted on May 31, 2019 After reporting a significant rebound in new orders for U.S. durable goods in the previous month, the Commerce Department released a report on friday showing durable goods orders pulled back in the month of April.

However, analysts at TD Securities are expecting the US durable goods orders to dip -1.0% m/m in May and commented “Another notable.

WASHINGTON-The U.S. economic slowdown widely forecast for the first quarter may be arriving in the second, driven by faltering industrial activity. Orders for so-called durable goods.

New orders for US manufactured durable goods fell 1.3 percent from a month earlier in May 2019, after a revised 2.8 percent plunge in April and worse than market expectations of a 0.1 percent drop. transportation equipment, down three of the last four months, drove the decrease.

Thursday, new order of durable goods rose by $7.7 billion or 3.4% to $229.4 billion in April following March’s revised increase of 1.9%; the previous data reported a rise of 0.8%. Economists were expecting to see some modest strength as consensus forecasts were calling for a 0.3% increase.

Orders for durable goods, a bellwether for the U.S. economy, fell in April for the first time in five months. Orders for long-lasting goods such as planes and appliances fell in April for the first time in five months, suggesting that a resurgent U.S. manufacturing industry is still expanding but at a somewhat slower pace.