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Durable goods orders

Durable goods orders

Posted by Trader On January - 13 - 2009













The Index of goods orders, the warranty period of which is three or more years. The indicator is represented by goods of various classes but the most significant among them are considered to be orders for produced durable goods (machine-tools, equipment, raw materials), transport services and orders in defense industry. The current indicator is keenly perceived by the market, because it can easily forecast some future activity in industrial sector. The “core” of current index is calculated without taking into account transport services and orders in defense industry, and that is why the basic indicator becomes more objective, and it influences stronger the rate of US dollar.

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