WASHINGTON, July 27 (Reuters) - U.S. manufacturers got good news on Wednesday after government data showed orders for durable goods rose unexpectedly last month, while a key proxy for business spending also rallied sharply. The Commerce Department said demand for long-lasting goods gained 1.4 percent in June. It also revised May's already-strong reading to show a 6.4 percent jump compared with a previously reported 5.5 percent rise. Wall Street had forecast a 1.0 percent decline in ...
Premium Content (PAID Subscription Required)
"WRAPUP 1-US June durable goods orders rise, beat forecast" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642