Growth in durable goods orders in the US is expected to slow in April @ Forex Factory



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From orbex.com

Orders for aircraft and vehicles are expected to decline. Declining durable goods orders, Boeing's aircraft orders and declining vehicle sales point to a slowdown in growth. Motor vehicle sales for April disappointed expectations. Economists were expecting a rebound in auto sales after the rebound in March. The rebound in vehicle sales in March reversed declines in the previous two months. And economists were waiting for this to continue until April. New car sales declined 2.3% in the month of April to 1.33 million. The decline in the number of vehicles occurred despite an additional day during the month, compared to the same period of … (full story)

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