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%.
Tags durable goods orders manufacturers US Economy volatility
Check Also
RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation
The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …