On Tuesday, U.S. Department of Commerce has published updated information on changes in the volume of production orders in November last year. Manufacturing orders rose in the reporting period by 1,1%, surpassing forecasts of experts, who expected to increase the rate of 0,8%. This is the seventh rate increase over the past eight months.
Orders for durable goods rose in November at 0.2%. At the same time, orders for goods short-term use increased by 1,8%.
Orders for capital goods rose in November at 3.6%. This indicator was revised to a significant increase compared with its initial value of 2,9%, which was published a week ago.
Orders for durable goods rose in November at 0.2%. At the same time, orders for goods short-term use increased by 1,8%.
Orders for capital goods rose in November at 3.6%. This indicator was revised to a significant increase compared with its initial value of 2,9%, which was published a week ago.
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