TeleTrade - Analytics

TeleTrade

719.00 6.50/10
57% of positive reviews
Real

02.09.2015 14:24 U.S. factory orders are up 0.4% in July

The U.S. Commerce Department released factory orders data on Wednesday. Factory orders in the U.S. rose 0.4% in July, missing expectations for a 0.9% gain, after a 2.2% increase in June. June's figure was revised up from a 1.8% rise.

 

 

The increase was driven by a rise in orders for motor vehicles, which jumped 4% in July, the largest rise since July 2014.

 

 

Durable goods increased by 2.2% in July, while orders for nondurable goods dropped 1.3%.



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree