Durable-goods orders rise in January for 3rd straight month and investment rebounds

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. durable-goods orders rise for third straight month

The numbers: Orders for long-lasting durable goods rose in January for the third month in a row and business investment posted the biggest increase since last summer, indicating a key segment of the economy is still expanding at a steady if unspectacular pace.

If transportation is stripped out, orders dipped 0.1% owing to decline in bookings for new cars and trucks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

sure because people don't see a dead cat bounce for what it is

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines