Financial and Business News

Demand of expensive goods in USA decreased in April

Demand of expensive goods in USA decreased in April, due to lower requests in Aviation, but the index of capital expenses is signing increase and in this way shows, thata there is stablilazing of the business sector in the economy. This is important for the whole financial structure of USA, because the recesion can be avoided, accrding to many analyzers. The demand of long term goods decreased with 0.5% for April to the level of 214.42 billions US Dollars in data from the Government of employment. The long term goods had a final date more than 3 years. The long term good, had decreased with 0.3% on monthly base for March, which is lower revision in comparison with the previous increase with 0.1%. The expectings of the market were for higher decrease, and the economists predicted it to be nearly 2%.
The basic index of capital expenses, orders of basic goods for production outside the defence, in April had increased with 4.2% after the decrease with 1.0% in March. The devliveries in April for basic goods except those for aviation, increased with 0.5% after the decrease of 0.8% in March. These deliveries are used for calculation Gross Domestic Product and also are basic index for economy ectivity in USA.

Labels: Financial News

posted by Zoritza Petrova @ 11:27 PM