WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods fell in June and a gauge of business spending plans slipped, supporting views that the economy will not emerge quickly from its current soft patch.
The Commerce Department said on Wednesday durable goods orders dropped 2.1 percent, weighed down by weak receipts for transportation equipment, after a 1.9 percent increase in May.
Excluding transportation, orders edged up 0.1 percent after gaining 0.7 percent in May.
Durable goods are items ranging from toasters to aircraft that are meant to last three years or more.
NEW YORK, July 26 (IFR) - Fading hopes the Congress will strike a deal in debt talks any time soon have left investors scrambling to position themselves for what many now view as an inevitable downgrade of the U.S.
(Reuters) - There may be a point at which global investors get indigestion from U.S. money printing.
A fresh round of U.S. monetary easing may even do more harm than good for long-term investors as another flood of easy money into fast-growing emerging economies risks refueling oil and commodity price inflation, sapping consumption and growth.
Post
The Dollar Has Its Worst Start to a Year Since 1973
-
It has continued to slide even as President Trump has backed down from his
tariff threats and the U.S. stock market has recovered from its losses.
3 ore fa
Nessun commento:
Posta un commento