Home / Market Update / US: Durable Goods Orders rise by 0.7% in June

US: Durable Goods Orders rise by 0.7% in June

Durable Goods Orders in the US increased by 1.9%, or by $5 billion, on a monthly basis in June to $272.6 billion, the monthly data published by the US Census Bureau revealed on Wednesday. This reading came in much better than the market expectation for a decrease of 0.4%.

Check Also

U.S. Consumer Sentiment Improves in July Amid Tariff Concerns

U.S. consumer sentiment hit its highest point in five months in July, rising to 61.8, …