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Durable Goods Demand is rising in the US

Durable Goods Demand is rising in the US

Posted by Trader On June - 26 - 2009













The demand for durable goods has been increasing in recent 2 months in the USA.

The index of durable goods has risen for 1,8% in May that reflects considerable improvement of consumer sureness. It’s worth mentioning that this factor has been approving for two months and added 1,8% in April. The analysts were more pessimistic with their forecast, claiming that the demand will fall by 0,6% during the reported period.

Not taking in the account the transport sector the index of durable goods rose by 1,1% in May with the forecasted decrease by 0,2% and previous figures of +0,4%. Demand for durable goods excluding the defense sector increased by 1,4%.

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