Financial News: U.S. Durable Goods Orders Spike Much More Than

U.S. Durable Goods Orders Spike Much More Than Expected In September

10/26/2023 - 08:39:00 (RTTNews)

(RTTNews) - The Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods spiked by much more than expected in the month of September.

The report said durable goods orders soared by 4.7 percent in September following a revised 0.1 percent dip in August.

Economists had expected durable goods orders to jump by 1.5 percent compared to the 0.1 percent uptick that had been reported for the previous month.

Excluding orders for transportation equipment, durable goods orders climbed by 0.5 percent in September, matching the increase in August. Ex-transportation orders were expected to rise by 0.2 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Labor Productivity Jumps More Than Previously Estimated In Q3 (04 min(s), 38 sec(s) ago)
(RTTNews) - The Labor Department released a report on Wednesday showing U.S. labor productivity su ...Full Story»

U.S. Trade Deficit Widens In October Amid Pullback By Exports (09 min(s), 38 sec(s) ago)
(RTTNews) - Largely reflecting a pullback in the value of exports, the Commerce Department release ...Full Story»

U.S. Private Sector Employment Rises Less Than Expected In November (24 min(s), 38 sec(s) ago)
(RTTNews) - Private sector employment in the U.S. increased by less than expected in the month of ...Full Story»

UK Construction Downturn Continues In November (56 min(s), 38 sec(s) ago)
(RTTNews) - UK construction activity remained in contraction for the third straight month in Novem ...Full Story»

Eurozone Retail Sales Recover 0.1% (02 hr(s), 06 min(s), 38 sec(s) ago)
(RTTNews) - Euro area retail sales increased for the first time in four months in October, largely ...Full Story»

Taiwan Inflation Eases To 2.90% In November (03 hr(s), 13 min(s), 38 sec(s) ago)
(RTTNews) - Taiwan consumer price inflation eased for the first time in five months in November, d ...Full Story»

German Factory Orders Fall Unexpectedly In October (05 hr(s), 46 min(s), 38 sec(s) ago)
(RTTNews) - Germany's factory orders decreased for the first time in three months, mainly due ...Full Story»

European Economic News Preview: Germany Factory Orders Data Due (08 hr(s), 26 min(s), 38 sec(s) ago)
(RTTNews) - Factory orders and construction Purchasing Managers' survey results from Germany a ...Full Story»