Here come durable goods …
|09/28/2016||Posted by BusinessMediaguide.Com under General World News||
The Department of Commerce will release its advance report on durable goods orders during August at 8:30 a.m. ET.
Economists forecast that orders for things designed to last for long fell 1.5% during the month, according to Bloomberg. Orders excluding the volatile transportation category are estimated to drop 0.5%.
Orders for capital goods for nondefense items excluding aircraft, or so-called core durable goods, are estimated to drop 0.1%. Shipments in this category are forecast at 0.1%.
With the exception of shipments, these estimates reflect the expectation for a drop in durable goods production in August, although the prior month’s data are subject read more >>>