Forecast came false

Durable-goods orders might jump over 30% in July
25 august 2014

Why durable-goods orders might jump over 30% in July?

Tuesday’s durable-goods orders figures could contain some eye-raising headlines.

That’s because of a flurry of orders Boeing received in July for the 777X aircraft, mostly from Emirates and Qatar Airlines. IHS is forecasting a 38.1% leap. Capital Economics and Citi both see a 30% jump in orders for durable goods.

The MarketWatch-compiled consensus is for a 13% gain.

Non-transport durable orders might not be too shabby, but they’ll be more earth-bound. Capital Economics, for instance, forecasts a 0.5% gain.

via marketwatch

Answered:
4 people

Durable-goods orders might jump over 30% in July

Agreed
1 person
Disagreed
3 people