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Durable Goods Orders up by 3.4%

Monday, Jul 27 2015
New orders for manufactured durable goods in June increased $7.7 billion or 3.4% to $235.3 billion, beating forecasts 3.2%. This increase, up following two consecutive monthly decreases, followed a 2.1% May decrease. Excluding transportation, new orders increased 0.8%.  Excluding defense, new orders increased 3.8%. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $6.4 billion or 8.9% to $78.4 billion.   
 
Shipments of manufactured durable goods in June, up following two consecutive monthly decreases, increased $0.3 billion or 0.1% to $239.4 billion. This followed a 0.3% May decrease. Transportation equipment, also up following two consecutive monthly decreases, drove the increase, $0.4 billion or 0.5 percent to $77.5 billion.  
 
Data did not have any major impact on the markets. Euro is currently being traded few points above 1.1060 level, Sterling is around 1.5530 area, Aussie is slightly below 0.73 handle.
More in this category: « Sterling little changed in a quite European part of session Aussie higher, gold under pressure »

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