Industrial orders in the U.S. increased by 1% in December

Orders for manufactured goods manufactured in the United States increased by 1% in December, thanks to increased demand for the products of mechanical engineering, metallurgy, as well as gasoline and warplanes.

In turn, economists expect the growth rate of 0,6%.

Orders for durable goods rose in December at 1%. Orders for goods short-term use also increased by 1% due to increased gasoline prices.

Deliveries of production of goods increased by 1,9%, and stocks of goods decreased by 0,1%.