Mixed orders report

New orders for durable goods were very strong once more in June, driving the annualised quarterly pace of growth to a very solid 28.7%. Surprisingly, the strength is particularly marked for the defence aircraft industry that should have suffered from the implementation of the sequester. Q2 growth could prove a disappointment, but the case for strong H2 is building up

Read the full report: Economic Research


BNP Paribas

Powered by WPeMatico

This entry was posted in Forex. Bookmark the permalink.

Comments are closed.