POST Online Media Lite Edition


U.S. January durable goods orders increased

Christian Fernsby |
U.S. durable goods orders are forecast to rise 1.1% in January after a 0.5% increase in December.

Article continues below

Topics: U.S.   

Orders ex transportation are expected to slip to 0.7% from 1.1%. Nondefense capital goods orders, the business investment proxy, are projected to gain 0.6% in January following December's 0.7% addition.

Overall retail sales climbed a remarkable 5.3% in January pulverizing the 1.1% forecast and reversing two months of decline.

Except for the two months of lockdown recovery in May and June, January's surge was the largest since October 2001 and the second most dramatic in three decades.

What to read next

U.S. durable goods orders flat in August
Industrial producer prices up 0.1% in euro area and EU28
Industrial producer prices up 0.1% in euro area