FXStreet – The American industry has received in April, although fewer orders, but they were above expectations. The new orders had fallen by $ 1.6 billion or 0.7 percent to EUR 231.2 billion dollars, informed the US Department of Commerce on Friday in Washington. Economists had expected a decline of 1.4 percent. In addition, the increase in the previous month, is expected to be 2.3 per cent, significantly more than initially calculated (+0.7 percent).
Excluding the volatile orders for transportation goods, a slight Minus of 0.4 percent for April.
** FXStreet News Editorial, FXStreet**