US orders for durable goods rise sharply after weak previous month - analysis & outlook

US orders for durable goods rise sharply after weak previous month - analysis & outlook

According to a report by www.boerse.de, orders for durable goods in the USA rose sharply by 5.4 percent in November. This increase follows a previous month with a decline of 5.1 percent. Analysts had only expected an increase of 2.4 percent. Excluding transportation goods, orders increased 0.5 percent and non-military and aviation capital goods orders increased 0.8 percent.

This increase in durable goods orders shows a positive development in the US economy. It suggests that companies are investing more in capital goods, which could lead to increased production and economic expansion in the long term. Since durable goods such as machinery, vehicles and electronics are often seen as key indicators of a country's economic health, this increase could also have a positive impact on the overall financial market.

The increase in orders could also lead to an increase in the share prices of companies involved in the production of durable goods. At the same time, it could help increase investor confidence in the US economy, which could have a positive impact on the overall market. Overall, this increase is a positive sign for economic development in the US and could help promote growth in the financial market.