• U.S. durable goods orders likely to decline 1.0% in August – TD Securities

Market news

27 September 2019

U.S. durable goods orders likely to decline 1.0% in August – TD Securities

Analysts at TD Securities are expecting the U.S. durable goods orders to post a declined of 1.0% m/m for August on the back of a sharp contraction in the volatile nondefense aircraft segment.

  • “We anticipate orders in the ex-transportation segment to have advanced 0.3% m/m, rebounding from a 0.4% decline in the prior month. We are also expecting capex orders to have advanced at 0.2% m/m for a second consecutive month in August.”

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